Question

Which the following is an essential prerequisite of MBO?

• A. Joint goal- setting
• B. Mid-term review
• C. Developing reviews
• D. All of the above

Answer 1

The correct option is D All of the above

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.

Under such an approach, joint goal setting and mid term reviews are very important factors.