What Is an Advantage of the Management by Objectives Method

question 73

Multiple Choice

What is an advantage of the management by objectives method for performance evaluation?

• A)supervisors will be more easily able to determine the performance of an employee
• B)employees can be actively involved in the setting of objectives
• C)it is easier to identify critical incidents of performance
• D)the process of achieving objectives becomes the focus of the review

---

Definitions:

Oligopoly Markets

A market structure characterized by a small number of large firms controlling the majority of the market share, leading to limited competition.

Nash Equilibrium

A concept within game theory where no player can benefit by changing strategies while the other players keep theirs unchanged.

Oligopoly Market

A market structure characterized by a small number of firms dominating the market, leading to limited competition and potentially strategic interactions among the firms.

Dominant Strategy

A strategic option that yields the best outcome for a player, irrespective of what strategies other players adopt.