Which of the following is a key feature of management's functions?

The key feature of management's functions involves the coordination of work activities through effective communication. Effective communication is essential for ensuring that team members understand their roles, responsibilities, and the overall objectives of the organization. This allows for the proper alignment of activities and resources toward achieving the organization's goals.

In management, the coordination aspect ensures that various departments and teams work harmoniously, minimizing confusion and overlap in responsibilities. It also fosters collaboration, as good communication helps to quickly disseminate information, resolve conflicts, and facilitate teamwork. This holistic approach is critical for operational efficiency and achieving strategic goals.

Other options, while they may reflect certain managerial actions or strategies, do not encapsulate the fundamental nature of management functions as effectively as coordination through communication does. Distributing authority can be a part of the management strategy but is secondary to the overarching need for coordination. Adjusting product prices or workforce size can be tactics employed within a management strategy but are not core functions of management itself.