Management by Objectives Is a Management Technique Often Used to Develop

question 3

Multiple Choice

Management by objectives is a management technique often used to develop and carry out _____.

• A) ​strategic plans 
• B) ​standing plans 
• C) ​operational plans 
• D) ​tactical plans

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Definitions:

Company's Past Performance

A review of a company's previous financial results and operations, usually analyzed to forecast future performance.

Communication Goals

Objectives that an individual or organization aims to achieve through communication efforts, including increasing awareness, influencing perceptions, or driving behavior changes.

Budget Committee

A group of individuals responsible for overseeing the development, implementation, and review of an organization's budget.

Budgeted Balance Sheet

A financial statement projected for the future that shows the company's assets, liabilities, and equity.