__________ Is a Structured Process of Regular Communication in Which

question 17

Multiple Choice

__________ is a structured process of regular communication in which a supervisor/team leader and subordinates/team members jointly set performance objectives and review results accomplished.

• A) Management by goals (MBG)
• B) Performance Planning and Evaluations (PPE)
• C) Objective setting and review (OSR)
• D) Management by objectives (MBO)
• E) Performance management system (PMS)

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Definitions:

National Saving

National saving is the sum of private and public savings in an economy, essentially the portion of national income that is not spent on consumption or government expenditure.

Consumption

The use of goods and services by households. It includes spending on durable goods, nondurable goods, and services.

Loanable Funds

The market where savers supply funds for loans to borrowers, often illustrated by the supply and demand for loans.

Interest Rate

The chunk of a loan taken as interest by the borrower, typically outlined as an annual percentage of the loan's outstanding balance.