Which of the Following Is NOT Necessary for a Management

question 59

Multiple Choice

Which of the following is NOT necessary for a Management By Objective (MBO) program to be effective?

• A) Clear goals assigned to employees by management
• B) Involvement by top management and subordinates
• C) An implementation consistent with overall organizational goals
• D) Employees understanding why MBO was adopted
• E) A formal goal-setting process

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Definitions:

Corporation

A legal entity that is separate from its owners, with its own rights, privileges, and liabilities distinct from those of its members.

Director's Duties

Obligations that directors are expected to fulfill, including acting in the company's best interests and with due care.

Corporation

A legal entity recognized by law, separate from its owners, with the ability to own assets, incur liabilities, and conduct business.

Dividends

A portion of a company's earnings distributed to its shareholders, usually in the form of cash or additional stock.