"Tom, at Bode Corporation we align our individual goals with the company's goals. That is, as managers, we use ________ to drive ourselves and our employees to accomplish key goals that are linked with the company's success," said Tom's new CEO.
A) remuneration
B) contingency management
C) quantitative management
D) management by objective
E) time-and-motion studies

Question

Quizplus · Accepted Answer

Management by objective (MBO) is a goal-setting process that aligns individual and team goals with organizational goals. This approach emphasizes the importance of setting specific, measurable, achievable, relevant, and time-bound (SMART) goals, and regularly evaluating progress towards those goals. MBO helps to ensure that everyone in the organization is working towards the same objectives, and can be an effective way to improve performance and achieve greater success.

"Tom, at Bode Corporation We Align Our Individual Goals with the Company's