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What Are the Disadvantages of Management by Objectives (MBO)

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Essay

What are the disadvantages of management by objectives (MBO)?


Definitions:

Premiums

The amount of money charged by an insurance company for active coverage.

Fire Insurance

A type of property insurance that covers damage and losses caused by fire.

Material Change

Refers to a significant alteration in the circumstances or conditions of a contract, agreement, or situation, often requiring adjustments or considerations due to its impact.

Risk

The possibility of suffering harm or loss.

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