Question and answer
4. What is MBO? Why it is significant in management process? Can a manager be successful without following MBO concept? Also compare MBO with MBE.
Management by objectives (MBO) is a process of defining objectives within an organization so that management and employees agree to the objectives and understand what they need to do in the organization. The term "management by objectives" was first [ popularized by Peter Drucker in his 1954 book 'The Practice of Management'.[1] The essence of MBO is participative goal setting, choosing course
of actions and decision making. An important part of the MBO is the measurement and the comparison of the employee’s actual performance with the standards set. Ideally, when employees themselves have been involved with the goal setting and choosing the course of action to be followed by them, they are more likely to fulfill their responsibilities. According to George S. Odiorne, the system of management by objectives can be described as a process whereby the superior and subordinate managers of an organization jointly identify its common goals, define each individual's major areas of responsibility in terms of the results expected of him, and use these measures as guides for operating the unit and assessing the contribution of each of its members.[2] Reference: ]
Expert answered|OneRepublic|Points 395|
Question
Asked 2/14/2012 1:44:09 PM
0 Answers/Comments
Ask a question
Not a good answer? Get an answer now. (Free)
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
4. What is MBO? Why it is significant in management process? Can a manager be successful without following MBO concept? Also compare MBO with MBE.
Weegy: Management by objectives. And it is significant becasue (More)
Question
All Categories|No Subcategories|Expert Answered
Asked 2/14/2012 1:51:11 PM
0 Answers/Comments
16,909,659 questions answered
Popular Conversations
Evaluate 6 + x if x = -2.
Weegy: The answer for -2(x + 1) for x = 1/2 is -3. User: Simplify. 2 · 2 + 0 · 4 a. 4 c. -4 b. 0 d. 1 Weegy: -2.5 ...
7/21/2014 9:03:07 AM| 3 Answers
y = 2x + 3 2y = 4x + 6 The system of equations has _____ ...
Weegy: The determinant for this system of equations is 6*1-5*1=1. User: 5x + 2y = 8 x + y = 4 If you want to solve ...
7/21/2014 12:31:57 PM| 3 Answers
What is the equation of the line, in point-slope form, that passes ...
Weegy: The "point-slope" form of the equation of a straight line is: y - y1 = m(x - x1), so y - 3 = 6(x - 8) User: ...
7/21/2014 8:48:59 AM| 2 Answers
Using directly copied and cited source material word for word is ...
Weegy: Using directly copied and cited source material word for word is known as D. plagiarizing. User: Which of ...
7/21/2014 9:50:54 AM| 2 Answers
Factor k^2 + 13k + 12.
Weegy: k^2 + 13k + 12 = (k + 12)(k + 1) User: Factor the four-term polynomial. pq - 3r + pr - 3q Weegy: pq - 3r + ...
7/21/2014 10:38:58 AM| 2 Answers
7. The biggest challenger to newspapers today is
Weegy: The biggest challenger to newspapers today is the Internet. The internet provides all source of information ...
7/21/2014 11:38:46 AM| 2 Answers
Find the product. y^4 · y^6
Weegy: Here are some characteristics of grace and forgiveness: patience, kindness, mercy, unconditional love, empathy, ...
7/21/2014 12:33:31 PM| 2 Answers
Weegy Stuff
S
R
L
1
1
P
C
1
P
1
1
L
P
C
P
C
1
P
C
L
P
C
1
P
C
Points 1695 [Total 20695]| Ratings 1| Comments 1685| Invitations 0|Offline
S
L
P
C
P
C
1
L
P
C
L
P
C
P
C
P
C
Points 1653 [Total 16782]| Ratings 0| Comments 1653| Invitations 0|Offline
S
L
P
C
L
P
C
P
C
L
P
C
P
C
Points 1357 [Total 13912]| Ratings 1| Comments 1347| Invitations 0|Offline
S
L
1
Points 1313 [Total 3497]| Ratings 2| Comments 1293| Invitations 0|Offline
S
L
1
1
1
1
L
1
Points 930 [Total 7107]| Ratings 1| Comments 920| Invitations 0|Offline
S
1
L
Points 842 [Total 2978]| Ratings 2| Comments 822| Invitations 0|Online
S
1
L
1
L
P
P
L
Points 778 [Total 10386]| Ratings 0| Comments 778| Invitations 0|Offline
S
1
L
Points 707 [Total 4383]| Ratings 2| Comments 687| Invitations 0|Online
S
P
C
L
P
L
1
Points 667 [Total 5721]| Ratings 4| Comments 627| Invitations 0|Offline
S
Points 243 [Total 391]| Ratings 2| Comments 223| Invitations 0|Offline
Home | Contact | Archive | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.