One of the Primary Advantages of Management by Objectives (MBO)is

question 39

Multiple Choice

One of the primary advantages of management by objectives (MBO) is that ________.

• A)it saves time
• B)it is an easy process
• C)it gains employee commitment
• D)it reduces the volume of paper work
• E)it places the responsibility of goal attainment solely on managers

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Definitions:

Workforce Planning

A strategic approach to forecasting the current and future workforce needs of an organization to achieve its goals.

Human Capital

The total capabilities, knowledge, and non-material assets belonging to individuals that have the capability to produce monetary value for the people themselves, their employers, or their surrounding community.

External Demand

The desire or need for products or services that comes from outside an organization, influencing production levels, marketing strategies, and business growth.

Internal Human Capital

The knowledge, skills, and abilities that employees possess, which are utilized and valued within their current organization.