What is meant by the term 'management by objectives'?
A. A system of giving the authority to carry out certain jobs by those lower down the management hierarchy
B. The system of management that is based on bringing together experts into a team
C. The setting of objectives to bring about the achievement of the corporate goals
D. The control of the organisation by those in the 'head office'
Answer: Option C
This Question Belongs to Commerce >> HRM In Commerce
A condition of stagnating in one's current job is called
A. Mid-career crisis
B. Plateauing
C. Reality shock
D. None of these
A. Finance department
B. Marketing department
C. Production department
D. Human Resource department
Treating employees as precious human resources is the basis of the . . . . . . . . approach.
A. Hard HRM
B. Soft HRM
C. Medium HRM
D. Utiliarian approach
In a wage system where employee is paid according to output is called:
A. Time rate system
B. Piece rate system
C. Time cum bonus system
D. Piece cum bonus rate system
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