Asked by Melissa Washburn on May 19, 2024
Verified
Who developed the concept of management by objectives?
A) Hackman and Oldham
B) Peter Drucker
C) Frederick Winslow Taylor
D) Frederick Morgeson and Stephen Humphrey
E) Adam Grant
Management Objectives
Specific goals set by an organization's management team to guide employee actions and business strategies.
Peter Drucker
A renowned management consultant, educator, and author, considered one of the founding figures of modern management theory.
- Understand the theoretical foundation of Management by Objectives.
Verified Answer
HK
Hardeep KharoudMay 26, 2024
Final Answer :
B
Explanation :
Peter Drucker is credited with developing the concept of management by objectives (MBO), which 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.
Learning Objectives
- Understand the theoretical foundation of Management by Objectives.
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