The Central Idea Behind Management by Objectives (MBO) Is That

question 355

True/False

The central idea behind management by objectives (MBO) is that employees motivate themselves through the process toward goal achievement.

---

Definitions:

Accounts Payable

The sum of money owed by a business to its vendors or lenders for products and services acquired on credit.

Top-Down Approach

An investment strategy that begins with analyzing macroeconomic factors before drilling down into the specifics of individual securities.

Operating Cash Flow

Cash generated from a company's normal business operations, indicating whether a company can maintain or grow its operations without new financing.

Comprehensive Income

The total change in equity for a reporting period other than from transactions with owners.