Why Do Some People Dislike Management by Objectives

question 66

Multiple Choice

Why do some people dislike management by objectives?

• A) It is not possible for managers to periodically review an individual's performance to see whether he or she is meeting the objectives.
• B) Employees do not benefit from a system of rewards that is based on personality rather than on performance.
• C) Setting and monitoring the achievement of objectives can be time-consuming and requires a lot of paperwork.
• D) When employees are involved in the process of setting goals, it results in limited commitment toward achieving those goals.

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Definitions:

Total Variable Costs

The sum of all costs that vary with output level, including materials, labor, and other expenses that change with production volume.

Techniques of Production

The methods and processes used by firms to produce goods and services efficiently.

Price of Output

The amount of money that a firm receives from the sale of goods and services it produces.

Price of Inputs

The cost associated with the resources used in the production of goods and services.