In Management by Objectives (MBO), the Supervisor/team Leader and Subordinates/team

question 109

True/False

In management by objectives (MBO), the supervisor/team leader and subordinates/team jointly set performance objectives and review the results accomplished.

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Definitions:

Secure Adequate Financing

The act of obtaining sufficient funds or capital necessary to support operations, projects, or investments.

Subgroups Consistency

The degree to which the policies, practices, and procedures applied to various subgroups within an organization are uniform and equitable.

Overall Direction

The general course or strategic path an organization or individual plans to take to achieve its goals or objectives.

Cybernetic Control System

One that is self‐contained in its performance‐monitoring and correction capabilities.