Which of These Is a Method of Management Whereby Managers

question 99

Multiple Choice

Which of these is a method of management whereby managers and employees define goals for every department, project, and person and use them to monitor subsequent performance?

• A) Organizational planning
• B) Management by objectives
• C) Goal setting
• D) Mission development
• E) Vision development

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Definitions:

Partnership Business

A type of business structure where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Agreement.

Partnership

A legal arrangement in which two or more individuals share ownership of a business, including its profits, liabilities, and operational responsibilities.

Legal Work

Any work involving the practice of law, including litigation, legal advice, and documentation.

Consent

Voluntary agreement and acceptance by a person to undergo a particular activity or process, understanding and agreeing to its implications and consequences.