Which One of the Following Reflects the Way Goals Are

question 102

Multiple Choice

Which one of the following reflects the way goals are used in an MBO program?

• A) Goals are used to prepare financial budgets for each unit.
• B) Goals are used to broadly set the direction subject to encourage interpretation by individual managers.
• C) Apart from being used to ensure that employees are doing what they are supposed to be doing, goals are used as a motivating tool for employees.
• D) Goals are used to compare organizational performance year over year.

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Definitions:

U.S. Net Capital Outflow

Represents the difference between the purchase of foreign assets by U.S. citizens and the purchase of U.S. assets by foreigners in a given period.

International Trade

The exchange of goods and services between countries.

International Finance

International finance is the study of monetary interactions that occur between two or more countries, focusing on areas such as foreign exchange markets, international monetary systems, and cross-border investment flows.

Net Exports

The value of a country's total exports minus its total imports, representing the balance of trade.