Management Finance - Part 1

Which of the following is most closely associated with Management by Objectives (MBO)?

Type: MCQ • Marks: 1
Which of the following is most closely associated with Management by Objectives (MBO)?
Options
A. Objectives are kept vague to encourage flexibility
B. Performance is assessed against agreed objectives
C. Employees are excluded from goal setting
D. Financial control is abolished
Explanation
MBO emphasises clearly defined objectives, participation and evaluation against agreed results.
UPSC Principal & Vice Principal Management Finance Administration

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