MBO has been around for so long because it is one of the few management techniques with no observable downsides.

Question

Quizplus · Accepted Answer

This statement is not entirely true. While MBO has been proven to be effective in many cases, there are potential downsides such as creating a rigid and inflexible work environment, focusing too much on short-term goals at the expense of long-term planning, and fostering a culture of competition among employees rather than collaboration. However, when implemented correctly with careful consideration of these potential drawbacks, MBO can be a valuable tool for enhancing organizational performance.

MBO Has Been Around for So Long Because It Is