A Central Characteristic of Management by Objectives Is That

question 280

Multiple Choice

A central characteristic of management by objectives is that

• A) goals are set by top management and followed without question by others within the organization.
• B) employees are given complete freedom to set their own goals as long as they are consistent with broad guidelines established by top management.
• C) goals are set through a process involving all members of the organization.
• D) it assumes that management must motivate employees, since employees are incapable of motivating themselves.

Understand the influence and purpose of the Restatements in the legal system.

Recognize the role and creation process of uniform acts and their transformation into law.

Distinguish between statutory law and common law, including their origins and applications.

Appreciate the principles underpinning natural law and legal positivism.

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Definitions:

DVDs

Optical disc storage format used to store high capacity data like movies, software, and other digital content.

CDs

Short for Certificates of Deposit, which are savings certificates with a fixed maturity date and specified fixed interest rate that are issued by banks.

Budget Constraint

A budget constraint represents the limitations on the spending choices of consumers based on their income and the prices of goods and services.

DVDs

Digital Versatile Discs, a type of optical storage media used for storing data, including movies, software, and other digital information.