Home / Questions / An objective is the object or aim of an action. Management by Objectives (MBO) is a manage
An objective is the object or aim of an action. Management by Objectives (MBO) is a management process that is popular in many organizations. It is the joint setting of goals and objectives by superiors and subordinates. A major difference between traditional objective setting and MBO is
(a) In MBO, there are multiple objectives covering a range of organisational activities
(b) In traditional objective setting the objectives, once formulated, provide direction for management decisions
(c) In traditional objective setting the objectives, once established, form the criteria against which actual accomplishments can be measured
(d) In MBO, organisation members may actually pursue objectives other than the formal organisational objectives
(e) Traditional objective setting is ‘top down’ only, while MBO is both a ‘top down’ and ‘bottom up’ process.
Nov 28 2017 Read more Less More
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