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The Management by Objectives Model Devised by Peter Drucker Works

question 107

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The management by objectives model devised by Peter Drucker works best in a dynamic, rapidly changing business environment, where management makes short-term plans.


Definitions:

Railway Labor Act

A United States federal law that governs labor relations in the railway and airline industries, aiming to avoid service interruptions.

Mediation

An alternative method of resolving disputes where an impartial third party aids those in disagreement to come to a consensus that is agreeable to all involved.

Picket Line

A boundary established by striking workers outside an employer's premises, meant to discourage others from entering the site during a strike.

Discharged Workers

Employees who have been terminated from their job by their employer.

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