Asked by Odele Karen on Sep 26, 2024
Verified
Refer to Charlie's Dilemma. Which of these would be the first step in the MBO process?
A) Performance appraisal
B) Developing action plans
C) Periodic review
D) Setting objectives
E) Hiring people
Management By Objectives (MBO) Procedure
A performance management approach where managers and employees collaborate to set, monitor, and achieve specific objectives.
Setting Objectives
The method of setting clear, quantifiable, attainable, pertinent, and timely objectives for a person, group, or entity.
- Understand the fundamentals of Management by Objectives (MBO), encompassing the establishment of goals, crafting of action strategies, and evaluation of performance.
Verified Answer
RP
Rosie Palmer3 days ago
Final Answer :
D
Explanation :
Setting objectives is the first step in the MBO process. Once objectives are set, action plans can be developed, performance can be appraised, and periodic reviews can be conducted. Hiring people is not a part of the MBO process.
Learning Objectives
- Understand the fundamentals of Management by Objectives (MBO), encompassing the establishment of goals, crafting of action strategies, and evaluation of performance.
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