Management by Objectives Refers To

question 10

Multiple Choice

Management by objectives refers to:

• A) a program in which the supervisor and the subordinate sit down and map out the goals for the subordinate to accomplish in the upcoming year.
• B) a management program that analyzes the processes of a business and tries to redesign them so that all non-value-added activities are eliminated.
• C) an organization that is able to adapt to changing situations and pressures; it places a premium on organizations and individuals that can learn from the environment.
• D) a program where a business looks at the world leaders in particular processes and attempts to emulate them.
• E) a type of organizational in which people with similar skills are pooled for work assignments.

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Definitions:

Markov Analysis

A statistical technique that uses probabilities to predict future states in a system based on its current state, often used for decision making and forecasting.

Human Resources Supply

The availability of potential employees, both within and outside the organization, who possess the skills and qualifications to meet its labor needs.

Demand

The desire and ability of purchasers to buy goods and services at different prices.

HRIS

Human Resource Information System, a software or online solution used for data entry, data tracking, and the data information needs of an organization's human resources (HR) management.