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Management by Objectives (MBO)requires That Employees Participate in the Process

question 53

True/False

Management by objectives (MBO)requires that employees participate in the process of performance evaluation by helping to set objectives.


Definitions:

Customer-Oriented

Being customer-oriented means prioritizing and addressing the needs, preferences, and satisfaction of customers in business practices and product development.

Banks

Financial institutions licensed to receive deposits and provide loans to individuals and businesses.

Product Layout

The arrangement of equipment, workstations, and services in a production facility to streamline operations and workflow.

Customer-Oriented

A business approach focusing on creating a positive experience for customers through service and product satisfaction.

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