Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: 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.
A: 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
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
26,443,614 questions answered
Popular Conversations
What is the solution to the proportion? n/18 = 5/9 A. n = 2.5 B. n ...
Weegy: n/18 = 5/9; 9n = 5 * 18 9n = 90 n = 90/9 n = 10
10/12/2017 10:59:55 AM| 8 Answers
What country is John Hus from?
10/11/2017 11:05:31 AM| 2 Answers
The two infinitive functions are adjectives and noun. true or faslse
Weegy: The two infinitive functions are adjectives and noun. TRUE.
10/11/2017 11:35:51 AM| 2 Answers
A baby is usually able to self-feed with soft finger food at about ...
Weegy: A baby is usually able to do some self-feeding with soft finger food at about the age of eight months.
10/11/2017 2:04:19 PM| 2 Answers
During what part of "Bernice Bobs Her Hair" does Bernice cut ...
Weegy: Bernice cuts Marjorie's hair while she sleeps, and throws the braids in a car and walks down the street with her ...
10/12/2017 7:14:11 AM| 2 Answers
The Moon is made up mostly of _______, similar to minerals on Earth. ...
Weegy: The Moon is made up mostly of silicates, similar to minerals on Earth.
10/12/2017 9:54:42 AM| 2 Answers
The leader of the PLO (Palestine Liberation Organization) is A. ...
Weegy: IRELAND withdrew from the British Commonwealth to form an independent republic. User: The American ...
10/13/2017 7:26:44 AM| 2 Answers
Weegy Stuff
S
P
P
L
P
P
P
Points 140 [Total 2032] Ratings 11 Comments 30 Invitations 0 Offline
S
P
L
Points 100 [Total 122] Ratings 0 Comments 100 Invitations 0 Offline
S
Points 77 [Total 77] Ratings 4 Comments 37 Invitations 0 Offline
S
Points 11 [Total 11] Ratings 0 Comments 1 Invitations 1 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
L
Points 1 [Total 100] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.