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According to Drucker, One Thing an MBO System Should Provide

question 15

Short Answer

According to Drucker, one thing an MBO system should provide is _____________.


Definitions:

Contingent Liability

A potential financial obligation that may arise depending on the outcome of a future event.

Likelihood

The probability or chance of an event occurring.

Contingency

An uncertain future event that could affect financial performance or outcomes.

Employee Earnings Record

A cumulative record of each employee’s gross earnings, deductions, and net pay during the year.

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