What is MBO? What are the key steps of the MBO cycle? What ...

[savannahhooper]

What is MBO? What are the key steps of the MBO cycle?
 
  What will be an ideal response?

Question 2

The formal right of a manager to make decisions, give orders, and expect the orders to be carried out is
 
  A) authority.
  B) responsibility.
  C) accountability.
  D) unity of command.

[pikon]

Answer to Question 1

MBO stands for management by objectives. MBO is a program in which objectives are mutually set between the employee and supervisor. The employee is held accountable for the accomplishment of those objectives at various intervals which are normally part of an annual performance appraisal. They combine planning and control.

The key steps of a typical MBO cycle begin with establishing mutually agreed objectives between employee and supervisor. In step two, the action plan is developed to accomplish objectives. Then progress is monitored toward achievement of the objectives (on an ongoing basis) and finally, the extent to which objectives were met or exceeded is formally evaluated.

Answer to Question 2

A

[savannahhooper]

Thanks for the timely response, appreciate it

[31809pancho]

Excellent