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Category - Management

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The Management by Objectives (MBO) strategy identifies how many key results areas in which managers should pursue clear objectives?
  1. 8
  2. 4
  3. 6
  4. 10
Explanation
Answer: A - The Management by Objectives strategy identifies eight key results areas in which managers should set and pursue clear objectives. Devised by writer Peter Drucker in 1954, MBO cites innovation, manager performance and development, market share, productivity, profitability, resources, social responsibilities, and worker performance and morale as the areas in which managers should strive to meet a goal.
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