Skip to main content

🎓 New resources added daily! Join over 50,000 students using Padandas

Define the MBO technique.

Define the MBO technique.

Solution

Management by Objectives (MBO) is a management technique, developed by Peter Drucker, in which managers and subordinates jointly set clear, specific, and measurable objectives, agree on the results to be achieved within a given period, and later review actual performance against those objectives. It emphasises participation, mutual goal-setting, and evaluation of results to improve both individual and organizational performance.

Explore more questions

  1. 1.

    What is business ethics? Discuss the different areas of social responsibility of business.

    Asked in 2078 (15 marks)
  2. 2.

    Define transformational leadership. Critically examine the motivation-hygiene theory of motivation.

    Asked in 2078 (15 marks)
  3. 3.

    What is system theory? Discuss the contribution and limitations of system theory.

    Asked in 2078 (15 marks)
  4. 4.

    State and explain the major problems of business in Nepal.

    Asked in 2078 (10 marks)
  5. 5.

    What are the strategies for motivating employees? Explain.

    Asked in 2078 (10 marks)
  6. 6.

    State and explain different types of modern organization structures.

    Asked in 2078 (10 marks)