Coordination and resource allocation are key components of organizing a business so that it may carry out its plans and accomplish its objectives.
Organizing, which is the process of coordinating and assigning a firm's resources in order to carry out its plans, is a second crucial task for managers. The process of organizing involves creating a framework for the firm's employees, departments, and activities. In order to maximize information flow and work process efficiency, managers can structure the firm's structural components. They carry out the following to achieve this separating duties (division of labor), classifying work and personnel (departmentalization), distributing responsibility and power (delegation)
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