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Anvisha [2.4K]
4 years ago
8

Management by ______ is a four-step process in which managers and employees jointly set objectives, develop action plans, review

performance, and appraise and reward employees. mission means objectives goals
Business
1 answer:
Gnesinka [82]4 years ago
6 0

Answer: Management by objectives (MOB)

Explanation:

Management by objectives also known as management by results is a management method which helps to improve the performance of an organization by defining clearly the objectives that are agreed on by the management and employees.

Management by Objectives is a personnel management technique where managers and employees work together to set, record and monitor goals of an organization for a specific period of time. Organizational goals and planning flow from top to the bottom.

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One year ago, you invested $3,250.00. Today, it is worth $4,000.00. What rate of interest did you earn
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Answer:

23.08%

Explanation:

Future value =Present value*(1+r)^n

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1+R = $4,000/$3,250

1+R = 1.230769

R = 1.230769 - 1

R = 0.230769

R = 23.08%

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