Management by Objectives Is Criticized for Placing Too Much Emphasis

question 61

Multiple Choice

Management by objectives is criticized for placing too much emphasis on all of the following EXECPT:

• A) goal-oriented rewards.
• B) goal-oriented punishments.
• C) top-down goals.
• D) goals that are easily stated in objective terms.
• E) group instead of individual goals.

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Definitions:

Novation

The process of replacing one obligation with another by mutual agreement.

Entire Agreement

A clause in a contract that declares the contract to be the complete and final agreement between the parties, superseding all prior negotiations, promises, or representations.

Privity of Contract

The principle that a contract directly affects and grants enforceable rights only to the parties involved in the contract agreement.

Promissory Estoppel

A legal principle that prevents a party from going back on a promise, even if it was made without formal consideration, when someone else has reasonably relied on that promise.