Explain the advantages of using management by objective (MBO) as an appraisal method.
Question:
Explain the advantages of using management by objective (MBO) as an appraisal method.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (4 reviews)
Management by Objectives MBO is a performance appraisal method and management philosophy that focuses on setting clear specific and measurable objectives or goals for employees The advantages of using ...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Fundamentals Of Human Resource Management
ISBN: 9781119032748
12th Edition
Authors: David A DeCenzo, Stephen P Robbins, Susan L Verhulst
Question Posted:
Students also viewed these Business questions
-
Do some amendment and enhance the given research paper: Table of Content Abstract..3 Action Research.4 Research Methodology and Design...5 Literature Review: NoSQL Database7 Proposal.7 Iteration 1..8...
-
Explain the advantages of using a checklist.
-
Q1 -Hi Can you write 3 things or more you learned about this chapter Chapter9 Learning Objectives After reading and studying this chapter, you should be able to do the following: 9.1 Differentiate...
-
Busy plc, an all equity-financed firm, has three strategic business units. The polythene division has capital of 8m and is expected to produce returns of 11 per cent for the next five years....
-
Underestimated Inc.s common shares currently sell for $36 each. The firms management believes that its shares should really sell for $54 each. If the firm just paid an annual dividend of $2 per share...
-
For each of the three forecasting methods (i.e., time series, causal, and subjective), what costs are associated with the development and use of the forecast model? What costs are associated with...
-
What affects our ability to retrieve information from memory?
-
Harrington Company manufactures bowling balls through two processes: Molding and Packaging. In the Molding Department, the urethane, rubber, plastics, and other materials are molded into bowling...
-
Distinguish four (4) legal aspects of sole proprietorship and company.
-
What are some major factors that distort performance appraisals?
-
Explain the concept of a behaviorally anchored rating scale (BARS) and explain how it can reduce leniency and central tendency errors.
-
Use the Neyman-Pearson lemma to indicate how to construct the most powerful critical region of size to test the null hypothesis = 0, where is the parameter of a binomial distribution with a given...
-
Mr Santos apply for college educational plan for his 3 children .The 3 children ages are 6 yrs old , 3 yrs old and 1 yr old. The fund will be set-up the deposit of a fixed sum on the child's current...
-
Recovery Centers of America needs to acquire new vehicles that will cost $2.5 million across its six state service area. It plans to use the vehicles for three years, at which time new vehicles will...
-
The following program is supposed to allow the user to enter a list of numbers, then print them out formatted with 2 decimal positions. However, there are 3 errors. Indicate the line number of each...
-
(AVR) PR=IAVR=1R = (power dissipated by a resistor) (28.12) R
-
As a manager and an entrepreneur, you will face a new challenge - business venture structured on the theory of the firm. You are opening a restaurant in your selected town in the State of NY (please...
-
You are serving as a consultant for the newest James Bond film. In one scene, Bond must fire a projectile from a cannon and hit the enemy headquarters located on the top of a cliff 75.0 m above and...
-
True & False The basis of an asset must be reduced by the depreciation allowable, 2. Adjusted gross income (AGI) is the basis for a number of phase-outs of deductions. 3. A change to adjusted gross...
-
Discuss the relative merits of internal versus external recruitment. Give an example of a situation in which each of these approaches might be particularly effective.
-
Recruiting people for jobs that require international assignments is increasingly important for many organizations. Where might an organization go to recruit people interested in such assignments?
-
How can organizations improve the effectiveness of their recruiters?
-
board Which entry requires three or more accounts? O a. simple entry. 30 O b. multiple entry. O c. triple entry. O d. compound entry
-
During a sales call, Tune Products, Inc., offers to sell to Unlimited Sales Company one hundred MP3 players at $50 a piece, subject to certain specific delivery dates. Unlimited replies with a signed...
-
The manager of Wildhorse, Inc. reviewed the year just completed, hoping to establish a point of comparison for measuring the company's actual performance. Sales volume came in lower than expected, at...
Study smarter with the SolutionInn App