High Fence Corporation is currently implementing a management by objectives (MBO) program. Managers and employees jointly set goals and develop action plans, and goal achievement is evaluated on an annual basis. High Fence is missing which major activity that must occur in order for MBO to be successful?
A) Developing a mission statement
B) Developing tactical goals
C) Reviewing progress
D) Reviewing operational plans
E) None of these

Question

Quizplus · Accepted Answer

Reviewing progress is a key activity in MBO because it allows managers and employees to track their progress and make adjustments as needed to achieve their goals. Without regular progress reviews, it may be difficult to identify and address challenges or areas where additional support is needed. Developing a mission statement and tactical goals are important steps in the MBO process, but ongoing progress reviews are essential for evaluating success and making necessary adjustments. Reviewing operational plans may also be important in some contexts, but it is not the most critical activity for MBO success.

High Fence Corporation Is Currently Implementing a Management by Objectives