Which of the Following Statements About Management by Objectives (MBO)

question 48

Multiple Choice

Which of the following statements about management by objectives (MBO) is true?

• A) MBO will not succeed without the total commitment of management to the process.
• B) MBO requires subordinates to set their own goals as part of their growth and development.
• C) MBO begins with the establishment of employee objectives for the upcoming performance period.
• D) Even under the best of circumstances, MBO does not lead to immediate increases in productivity.
• E) All of the above statements about management by objectives (MBO) are true.

---

Definitions:

Banking System

The banking system consists of a network of banks and financial institutions that provide financial services, including managing deposits, lending, and currency exchange.

Federal Reserve Board

The Federal Reserve Board is the governing body of the Federal Reserve System, the central banking system of the United States, responsible for setting national monetary policy.

M1

A category within the money supply that includes physical currency and coin, demand deposits, traveler's checks, and other checkable deposits.

Savings Deposits

Accounts held at financial institutions that earn interest while providing funds liquidity with few, if any, restrictions on withdrawals.