Asked by Ranjani Ramaswamy on May 22, 2024

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In organizational behavior,the letters MBO stand for:

A) management of business operations
B) management by objectives
C) mastering business opportunities
D) management by outlook

Management by Objectives

A method of performance management in which managers collaborate with their employees to establish, track, and accomplish distinct goals.

Business Operations

The day-to-day activities involved in running a business, including production, sales, and administration.

Business Opportunities

Potential economic activities or ventures that can lead to profitability and growth.

  • Acquire knowledge about the Management by Objectives (MBO) procedure and its value in boosting the performance of organizations.
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Verified Answer

DD
Danji DavidMay 28, 2024
Final Answer :
B
Explanation :
MBO stands for management by objectives, which is a process where management and employees work together to set goals and objectives, and then the employees are evaluated based on their ability to meet or exceed those objectives.