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MBO (Scenario)
Kay was excited. She had just returned from a manager's retreat where MBO was discussed. MBO had never been used in her organization before, and Kay was enthusiastic about implementing it in her department. She received permission from her manager, the division head, who vaguely remembered learning about MBO in university several years earlier. Kay looked over the information she had received but was still confused about who was to choose the goals for the employees. However, she knew that once the goals were chosen they needed to be specific and have explicit time periods attached. Even though it would take a lot of work to implement the program, Kay was confident that MBO would prove to be very beneficial to the organization.
-Based on Kay's observations about effective goal setting,which of the following is an appropriate goal for a MBO program?
Sales Tax
A tax levied on the sale of goods and services, typically calculated as a percentage of the purchase price and collected by the retailer.
Corporate Income Tax
A tax imposed on the net income of companies.
Property Tax
Property tax is a levy on property that the owner is required to pay, typically levied by local governments based on the property's assessed value.
Federal Government Tax Revenue
The income collected by the federal government from taxes, which funds national expenditures such as defense, social services, and infrastructure.
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