Examveda
Examveda

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

Solution(By Examveda Team)

Management by objectives means the setting of objectives to bring about the achievement of the corporate goals. Management by objectives (MBO) is a management technique for setting clear goals for a specific time period and its monitoring progress.

This Question Belongs to Management >> Human Resource Management (HRM)

Join The Discussion

Related Questions on Human Resource Management (HRM)

HRM is___________

A. A staff functions

B. A line function

C. A staff function, line function and accounting function

D. All of the above