Asked by Casey Snyder on Jun 05, 2024
Verified
The concept of MBO was developed by management theorist Peter Drucker.
Management Theorist
An expert or scholar who develops concepts and principles regarding how to organize, plan, direct, and control resources and activities within organizations.
- Acquire knowledge on the theoretical basis of Management by Objectives.
Verified Answer
RB
Rakesh BhagwanJun 05, 2024
Final Answer :
True
Explanation :
Management by Objectives (MBO) is a strategic management model that aims to improve the performance of an organization by clearly defining objectives that are agreed to by both management and employees. This concept was indeed developed by Peter Drucker in his 1954 book "The Practice of Management."
Learning Objectives
- Acquire knowledge on the theoretical basis of Management by Objectives.
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