Which of the Following Statements Is True Regarding a Management

question 7

Multiple Choice

Which of the following statements is true regarding a management by objective (MBO) program?

• A) Many elements in MBO programs match propositions of cognitive evaluation theory.
• B) MBO strongly advocates that the goals should be assigned by the managers without the employees participating in the goal setting process.
• C) MBO programs set generalized rather than specific goals.
• D) MBO programs involve explicit time periods.
• E) MBO programs strongly discourage providing performance feedback because it can have negative effects on employee motivation.

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Definitions:

Margin Requirements

Regulations set by exchanges or regulators that determine the minimum amount of equity an investor must maintain in a margin account.

Federal Reserve

The central banking system of the United States, responsible for monetary policy, regulating banks, maintaining financial stability, and providing financial services.

New York Stock Exchange

A leading global financial exchange where stocks and other securities are bought and sold, located in New York City.

Excess Reserves

The reserves that banks hold over and above the regulatory requirements set by the central bank, often seen as a liquidity buffer.