Which of the Following Reflects the Way Goals Are Set

question 47

Multiple Choice

Which of the following reflects the way goals are set in an MBO program?

• A) Goals are not used to measure and control employee performance.
• B) Goals tend to be broad and directional to encourage interpretation by individual managers.
• C) Apart from being used to ensure that employees are doing what they are supposed to be doing, goals are used as a motivating tool for employees.
• D) Goals are set by top level managers and lower level employees implement them based upon their interpretation of these goals.

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Definitions:

Coupon Bond

A debt security that pays the holder a fixed interest rate (coupon) over a specified period until maturity, at which point the face value is repaid.

Current Yield

The annual income (interest or dividends) earned from an investment, expressed as a percentage of the current market price.

Trading

The act of buying and selling assets, such as stocks, bonds, commodities, or currencies, in financial markets to earn a profit.

Treasury Bills

Short-term government securities issued at a discount from the par value and mature without paying interest, where the difference represents the return to the investor.