20. Put yourself in the position of a management consultant who specializes in MBO. Th e local Small Business Enterprise Association has asked you to be the speaker for its luncheon next week. Th e president of the association says that the group would like to learn more about the topic: “How to Use Management by Objectives for Better Planning and Control.”

Questions: Your speech will last 15 to 20 minutes. What is the outline for your speech? How will you explain the potential benefi ts of MBO to this group of small business owners?