Final answer:
The management function that binds all other managerial tasks together is known as coordinating or controlling. This function is crucial for ensuring that different parts of an organization work together effectively, similar to how organ systems cooperate at the organismal level to maintain a living organism.
Step-by-step explanation:
The management function that links all managerial work together is often referred to as coordinating or controlling. This management function ensures that various departments and groups within an organization work together smoothly to achieve the organization's goals efficiently. Just as multiple organ systems work harmoniously together at the organismal level to perform the functions of an independent organism, in a business context, the management function of coordinating or controlling ensures that various parts of the organization are synchronized and working effectively towards common objectives.
In the field of management and organizational structure, coordination is critical. It is also closely related to Douglas McGregor's notions of Theory X and Theory Y management styles. Theory X management might include stringent controlling practices, while Theory Y embraces a participative, trust-based approach. The latter relies on self-direction and motivation, implying less need for tight control mechanisms and more emphasis on alignment and harmonious functioning within the organization.