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List any two factors necessary for a successful MBO program.

List any two factors necessary for a successful MBO program.

Solution

Two factors necessary for a successful MBO program are:

  1. Top management commitment and support: MBO succeeds only when top management is fully committed and actively supports the goal-setting and review process.
  2. Clear and measurable objectives set jointly: objectives must be specific, realistic, and measurable and set through mutual agreement between managers and subordinates.

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