The Highest Level of Agreement Among Respondents to a Study

question 93

Multiple Choice

The highest level of agreement among respondents to a study of successful MBO programs was on the fact that:

• A) goals and objectives should be specific.
• B) objectives should be assigned a priority.
• C) objectives should include a plan of action.
• D) pay incentives should be attached to goals.

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Definitions:

Investment Centre

A segment or division within a company for which the manager has control and is responsible for its revenue, expenses, and assets, and return on investments.

Performance Measure

Metrics or indicators used to evaluate the effectiveness, efficiency, and success of an organization's activities or an individual's performance.

Return on Investment

A performance measure used to evaluate the efficiency or profitability of an investment relative to its cost.

Revenue Centre

A segment, division, or unit of a business responsible for generating revenue, focusing on sales activities rather than profit or cost efficiencies.