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In a Short Essay, Define Management by Objectives (MBO) and List

question 52

Essay

In a short essay, define management by objectives (MBO) and list four elements of this type of goal setting.


Definitions:

Internal Factors

Influences originating within an individual or organization that affect behaviors, decisions, and outcomes.

Covariation Model

A psychological theory that explains how people attribute cause and effect to behavior, based on the consistency, distinctiveness, and consensus of the observed behavior.

Hedonic Relevance

Refers to behaviour that has important direct consequences for self.

High Consensus

A situation where there is widespread agreement among members of a group or community.

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