Discuss management by objectives (MBO)
What will be an ideal response?
Answer: MBO is a system of collaborative goal setting that extends from the top of an organization to the bottom. MBO involves both managers and subordinates in setting goals and evaluating progress. MBO can serve as a program for improving satisfaction and motivation. Management by objectives is the most frequently used method for setting performance goals, which are commonly used to direct and motivate behavior.
You might also like to view...
A merger increases the number of voting shares of the surviving corporation by 23 percent. Which of the following is required in this context?
A) a unanimous vote by the incumbent directors B) a majority vote of the board of directors C) a majority vote of the shareholders D) an affirmative vote by at least 30 percent of the shareholders
In Japan small businesses are:
a. greatly favored by the government b. exempt from most taxes c. considered very desirable places to work d. discriminated against by government policy e. formed at a much faster rate than in the United States
A hospital requires that patients use the food services provided by one firm with which the hospital contracts. Pizza Hut wants to sell its food to patients in the hospital too, but the hospital refuses. Pizza Hut sues the hospital because of the tie-in between hospital stays and food service. The Supreme Court will probably hold the hospital's rule is:
a. a per se illegal tie-in sale b. an illegal tie-in sale under a rule of reason analysis because of the loss of competition c. legal because tie-in sales are per se legal d. legal because under a rule of reason analysis the tie-in is not seen to injure competition e. none of the other choices
A functional mechanism works well with "structured programming" methodology, but it becomes problematic when applied to an object-oriented context
Indicate whether the statement is true or false