When Using MBO, in Order to Avoid Having the Process

question 57

Multiple Choice

When using MBO, in order to avoid having the process demotivate employees, objectives must be

• A)easy to attain.
• B)fair and attainable.
• C)based on the employee's educational level.
• D)difficult to attain.
• E)the same for all employees in the same job.

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Definitions:

Citizenship

The status of being a recognized member of a state, with rights and duties.

Joint Venture Management

The coordination and administration of a joint venture, which involves two or more entities collaborating on a business project, sharing resources, risks, and rewards.

Liability Assumption

Liability assumption is the agreement to take on the legal responsibilities or debts of another party.

Investment Extent

The degree or scale to which an individual or entity commits assets or capital to various types of investments with the expectation of achieving a financial return.