Management by Objectives (MBO) Is a Management Technique Often Used

question 3

Multiple Choice

Management by objectives (MBO) is a management technique often used to develop and carry out ____________plans.

• A) single-use
• B) standing
• C) operational
• D) tactical
• E) hierarchical

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Definitions:

Short-Term Note Payable

A debt obligation that is due within one year or less, typically used for working capital needs or to finance short-term liquidity requirements.

Specified Amount

This term refers to a particular or agreed-upon sum of money in various financial contexts.

Income Tax Expense

The amount of money that a company reports as an expense for paying state, federal, and foreign income taxes.