Correct Answer: Correct answer is: (C) Coordinating.
Exam Relevance: MBA exams, Management courses, HR exams
Difficulty: Moderate
Concept notes: POSDCORB is a mnemonic used in management to represent the functions of management: Planning, Organizing, Staffing, Directing, Coordinating, Reporting, and Budgeting.
Common Mistakes: Students may confuse the meaning of CO in POSDCORB with other terms like Collection or Cooperation, which are not part of the mnemonic.
Explanations: In the mnemonic POSDCORB, CO stands for Coordinating. This function involves ensuring that all activities and resources are aligned and working together effectively to achieve organizational goals.
Option Analysis: - Option A: Collection is not part of the POSDCORB mnemonic.
- Option B: Correlation is not part of the POSDCORB mnemonic.
- Option C: Coordinating is the correct function represented by CO in POSDCORB.
- Option D: Cooperation is not part of the POSDCORB mnemonic.
Mnemonic: POSDCORB: Plan, Organize, Staff, Direct, Coordinate, Report, Budget