What is meant by the term "Management" by Objectives'?
Correct answer: D. The setting of objectives to bring about the achievement of the corporate goals
- A. A. system of giving the authority to carry out certain jobs by those lower down the management hierarchy
- B. The system of management that is based on bringing together experts into a team
- C. The control of the Organisation by those in the 'head office'Try Asset Software
- D. The setting of objectives to bring about the achievement of the corporate goals
Explanation
Management by Objectives involves jointly setting clear, measurable objectives that guide performance toward broader organisational goals. It is not simply delegation, teamwork, or control by head office.
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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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