Downside of management by objectives is?
Correct answer: A. time consuming
- A. time consuming
- B. large capital is needed
- C. large pool of human capital is required
- D. both A and B
Explanation
Management by objectives requires substantial time for jointly setting goals, monitoring progress, and reviewing results. It does not inherently require a large capital investment, so only time-consuming is supported.
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About Principles of Management
Management principles explain how organisations set objectives and coordinate people and resources to achieve them. Coverage includes planning, organising, staffing, directing, coordinating and controlling, along with authority, responsibility, delegation, span of control and the levels of management. These functions are related but not interchangeable, especially planning and controlling.
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