A management by objectives approach stresses budgeted results.

Name: A management by objectives approach stresses budgeted results.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Management by objectives (MBO) is an approach in which management and employees work together to define goals that are specific, measurable, achievable, relevant, and time-bound (SMART). The objectives are usually quantifiable and tied to a timeline, so budgeted results become an essential part of the process. Therefore, the statement is true.

A Management by Objectives Approach Stresses Budgeted Results