Tag: commerce

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Multiple choice commerce management by objectives (mbo) and management by exception (mbe) meaning and definition of mbo meaning and definition of mbe controlling

MBO can be applied in various areas of organisation such as ________.

  1. Performance appraisal

  2. Organisational development

  3. Long range planning, integration of individual and organisational objectives

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
MBO or management by objectives can be defined as a personnel management technique where managers and employees work together to set, record and monitor goals for a specific period of time.MBO can be applied in various areas of organization such as: a) performance appraisal b) organizational development
c) long range planning, integration of individual and organizational objectives.
Multiple choice commerce management by objectives (mbo) and management by exception (mbe) meaning and definition of mbo meaning and definition of mbe controlling

Third step in process of management by objectives is ____.

  1. Reviewing job and agreement

  2. Developing performance standards

  3. Setting of objective

  4. Ongoing performance discussion
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Third step in process of management by objectives is setting of objective. MBO or management by objectives can be defined as a personnel management technique where managers and employees work together to set, record and monitor goals for a specific period of time.

Multiple choice commerce management by objectives (mbo) and management by exception (mbe) meaning and definition of mbo meaning and definition of mbe controlling

Objectives are the ______ of Management action.

  1. Design

  2. End points

  3. Starting points

  4. Planning
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Objectives are the end points of Management action. MBO or management by objectives can be defined as a personnel management technique where managers and employees work together to set, record and monitor goals for a specific period of time. MBO provides a plan the organizational goal.