When You Give Employees Specific Goals but Allow Them Freedom

question 50

Multiple Choice

When you give employees specific goals but allow them freedom to decide how to reach those goals,you are:

• A) managing by improving physical conditions.
• B) managing by using high structuring.
• C) utilizing management by objectives.
• D) utilizing participative management.

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Definitions:

Medium-Range Forecast

Predictions about future trends, demands, or activities for a period typically extending from a few months to a few years into the future.

Forecasting Process

The systematic approach to predicting future events or trends, often involving data analysis and modeling techniques.

Time Horizon

The fixed point in the future at which certain outcomes will be evaluated or a plan is expected to come to fruition.

Select Forecasting Model

Determining the most appropriate statistical or analytical model to predict future trends based on past and present data.