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Question

The employees are required at times to set their own performance standards or arrive at a consensus regarding the standards with their supervisors under ________.

A
Work-standards approach
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B
Management by objectives
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C
Forced-choice rating
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D
Group rating
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Solution

The correct option is C Management by objectives
Management by objectives is a way of managerial control where management of people and work is done by keeping in mind the objectives of the business and preparing controlling analysis from time to time to judge the accuracy of the initially set standards. In such a process, the employees prepare their own performance appraisal to match it with the standards set by their supervisors.

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