MBO or Work Planning and Review Systems Are Useful Tools

question 32

Multiple Choice

MBO or work planning and review systems are useful tools for assessing needs because:

• A)They provide performance review data
• B)They provide baseline performance data
• C)They provide long-term business objectives
• D)All the above are true

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Definitions:

Forecasting

The process of making predictions about future events or trends based on historical and current data analysis.

Delphi Method

An organized method of communication, initially created as a methodical, interactive prediction technique that depends on a group of specialists.

Moving Average Method

A statistical technique used to analyze time series data by creating a series of averages of different subsets of the full data set.

Forecasting

The process of making predictions of the future based on past and present data.