What Is the Primary Focus of Management by Objectives

question 249

Multiple Choice

What is the primary focus of management by objectives?

• A)The type of goal that is set
• B)The development of objectives for all employees
• C)The nature of the interaction between managers and individual workers
• D)The involvement of senior management in the process
• E)The involvement of employees in the establishment of objectives

---

Definitions:

Marketers

Professionals who are involved in the promotion and selling of products or services, including market research, advertising, sales, and distribution, aiming to meet consumer needs and achieve business objectives.

Everyday Low Pricing Strategy

is a pricing model where companies consistently offer products at low prices rather than relying on sales or discounts, aiming to attract price-conscious consumers.

Big Box Stores

Large retail establishments, typically part of a chain, that offer a wide variety of goods under one roof in sizable, warehouse-like spaces.

Demand Curve

A graphical representation showing the relationship between the price of a good or service and the quantity demanded by consumers.