Management by Objectives

Management by Objectives are a practice of implementing...What?

• an application system of goal-setting and planning to help individuals and firms become more productive.

• a translatable strategy into plans with specific goals and plans that are more relevant to a particular organizational unit.

• the organization's plan for achieving its vision, mission, and goals.

• a use of collective intelligence gathered from the public, often by the use of social media.

True or False: When creating MBO steps, unit heads will establish goals for their units and report them directly to Top-Level managers, who will guide them to a strategic goal.

• True

• False

To begin, the correct MBO step is...?

• creating action plans to achieve objectives.

• reviewing group member proposals.

• agreeing on objectives set by the team members or negotiate further.

• receiving a set of organizational goals to begin the entire MBO process from top-level management.

Which of the following management thinkers invented the concept of MBO?

• Elton Mayo

• Peter Drucker

• Henri Fayol

• Douglas McGregor

The eight key areas in which Peter Drucker advises managers to set objectives include all of the following

except:

• Productivity

• Public responsibility

• Inventory control

• Manager performance and development

A ___________________ is an approach or scheme for achieving an aim or objective. It usually involves fewer resources and may be less risky. It may therefore not involve senior management because it can be more easily reversed or modified.

• Tactic

• Strategy

• Mission

• SMART goal

Which of the following is not true regarding MBO?

• It acts as an effective performance appraisal tool.

• The superior evaluates the individual concerned.

• It forces management to plan the activities in a systematic way.

• Better management and improved communication.

Objectives in MBO are decided by?

• Superiors

• Subordinates

• Mutual consultations of both superior and subordinates

• None of the above

True or false: The process of MBO can continue for the life of an organization

• True

• False

The MBO process is as follows:

• Review performance, establishing organizational goals, establishing unit objectives, reviewing group members' proposals, negotiation or agreeing, and creating action plans to achieve objectives.

• Establishing organizational goals, establishing unit objectives, reviewing group members' proposals, negotiating or agreeing, creating action plans to achieve objectives, and review performance.

• Creating action plans to achieve objectives, establishing unit objectives, establishing organizational goals, reviewing group members' proposals, negotiations or agreeing, and review performance.

• Negotiating or agreeing, reviewing group members' proposals, establish organizational goals, establishing unit objectives, reviewing performance, and creating action plans to achieve objectives.