In Order for MBO to Work

question 41

Multiple Choice

In order for MBO to work:

• A)managers must understand how to state measurable goals and how to set goals with subordinates
• B)sufficient financial backing must be provided
• C)executives must use a transformational leadership style.
• D)everyone must set the exact same goals

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Definitions:

Learning

A process of acquiring new understanding, knowledge, behaviors, skills, values, attitudes, and preferences.

Equal Authority and Responsibility

A principle emphasizing that individuals with authority also bear an equivalent level of responsibility for their actions and decisions.

Common to All Organizations

Refers to aspects or principles that are universally applicable or present in every organization, irrespective of industry, size, or type.

Common Goal or Purpose

A shared objective or aim that unites members of a group or organization, guiding their actions and decisions towards a mutual outcome.