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:

Financial Defenses

Strategies and measures implemented by individuals, companies, or countries to protect financial assets and income against risks and volatility.

Short-Term Profitability

The ability of a company to generate profits over a brief period, typically less than one year.

Interlocking Directorates

Interlocking directorates occur when members of the board of directors for one company serve on the boards of directors for other companies, potentially leading to conflicts of interest and reduced competition.

Clayton Act

A U.S. antitrust law, passed in 1914, aimed at increasing competition by prohibiting certain actions that lead to anti-competitiveness.