Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

finish the chart, example of how to finish the chart below Assume that this MBO contract was actually developed and implemented under the following circumstances.

finish the chart, example of how to finish the chart below

image text in transcribedimage text in transcribed
Assume that this MBO contract was actually developed and implemented under the following circumstances. After each statement, write \"yes" if the statement reects proper MBO procedures and write \"no" if it reflects poor MBO procedures. Also pick which one of the following key elements (#1, #2 or #3) it meets. If it does not meet the criteria, type in \"NIA\" ( T: l4 marks) The key elements of the M80 process are as follows: (1) The supervisor and subordinate jointly set objectives, establish standards, and choose actions. (2) The subordinate acts individually to perform the agreed upon tasks; and the superior acts individually to provide necessary support. (3) The supervisor and subordinate jointly review results, discuss implications, and renew the M80 cycle. The Manager instituted a 10 page selfassessment for the employee to complete prior to having meetings about job evaluations. Sam told his subordinates the time-line within which the company objectives needed to be met. The team manager, Susan seeks input from her team in order to come up with plans for product improvement. Kia and his assistant Mina met to review the goals Mina had to achieve the previous month and together came up with new goals for the next month. Assume that this MBO contract was actually developed and implemented under the following circumstances. After each statement, write \"yes" if the statement reects proper MBO procedures and write \"no" if it reflects poor MBO procedures. Also pick which one of the following key elements (#1, #2 or #3) it meets. If it does not meet the criteria, type in \"NIA\" The key elements of the M80 process are as follows: (1) The supervisor and subordinate jointly set objectives, establish standards, and choose actions. (2) The subordinate acts individually to perform the agreed upon tasks; and the superior acts individually to provide necessary support. (3) The supervisor and subordinate jointly review results, discuss implications, and renew the M80 cycle. VP of marketing came up with sales goals for the team to accomplish. The manager and Sarah brainstormed 4 initiatives to be accomplished by Sarah before the year-end. Amy was told her bonus would depend on her completing the objectives. The Manager and Mary agreed to meet in 3 months to review the objectives

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Horngrens Cost Accounting A Managerial Emphasis

Authors: Srikant M. Datar, Madhav V. Rajan

16th edition

134475585, 978-0134475998, 134475992, 978-0134475585

Students also viewed these General Management questions