Wayne hosts his first regional sales meeting.During which he meets individually with his employees and shows them a chart of their sales numbers for each month compared to their budgeted quota for the year to date.Additionally,Wayne and each employee set mutually agreed-upon budget goals for the remaining six months of the fiscal year.Wade is utilizing the ________ method of performance appraisal.

Question

Quizplus · Accepted Answer

Wayne is using the management by objective (MBO) method of performance appraisal, where he is setting mutually agreed-upon goals with his employees for the remaining six months of the fiscal year. This method focuses on specific, measurable objectives that are agreed upon by both the manager and the employee, with regular check-ins to monitor progress towards achieving those objectives.

Wayne Hosts His First Regional Sales Meeting