Which One of the Following Is NOT Part of the Process

question 97

Multiple Choice

Which one of the following is NOT part of the process of MBO?

• A) establishing and communicating organizational objectives
• B) setting individual objectives that help implement organizational ones
• C) reinforcing rules and regulations
• D) developing an action plan of activities needed to achieve the objectives
• E) periodically reviewing performance as it relates to the objectives

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Definitions:

Short-run Phillips Curve

A graphical representation that shows the inverse relationship between the rate of unemployment and the rate of inflation in an economy over the short term.

Long-run Phillips Curve

A concept in economics indicating that in the long term, there is no trade-off between inflation and unemployment, represented as a vertical line at the natural rate of unemployment.

Money Supply Growth Rate

The speed at which the quantity of money circulating within an economy is growing.

Unemployment Rate

The proportion of the overall workforce that is not employed but is actively looking for a job and ready to work.