Management by Objectives (MBO) Refers to an Appraisal Method, Which

question 117

Multiple Choice

Management by objectives (MBO) refers to an appraisal method, which ________.

• A) is based on progress made toward the accomplishment of measurable goals
• B) combines the benefits of narratives, critical incidents, and quantified scales by assigning scale points with specific examples of good or poor performance
• C) requires that the supervisor keep a log of positive and negative examples of a subordinate's work-related behavior
• D) involves listing all the subordinates to be rated, crossing out the names of any not known well enough to rank, indicating the employee who is the highest on each characteristic being measured and who is the lowest, and then alternating between the next highest and lowest until all employees have been ranked

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Definitions:

Invitation

An offer to deal or negotiate that indicates a willingness to enter into a contract under specified terms.

Firm Offer

An offer made in writing by a merchant guaranteeing to hold the offer open for a specified period of time without revocation.

UCC

The Uniform Commercial Code, a set of comprehensive statutes designed to unify and standardize sales and commercial transactions in all 50 states.

Counteroffer

A new offer made in response to an offer received, implying rejection of the original offer.