Management by Objectives (MBO)is the Process in Which Managers Set

question 34

True/False

Management by objectives (MBO)is the process in which managers set objectives for their employees,periodically evaluate the performance,and reward according to the results.

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Definitions:

Centralization

The concentration of decision-making authority at the top levels of an organization's management hierarchy.

Power Sharing

A practice or arrangement where control, authority, or influence over decision-making processes is distributed among various stakeholders or groups to ensure fair and equitable participation.

Prolonged

Continuing for a long time or longer than usual.

Highly Political

Describes environments or situations where power dynamics, influence, and strategic maneuvers play a significant role in decision-making and outcomes.