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ArbitrLikvidat [17]
3 years ago
6

Write a detailed note on process of MBO

Business
1 answer:
sergeinik [125]3 years ago
4 0

Answer:

the safe steps of the MBO process are Define organizational goals Define employees are objectives continuous monitoring performance and progress perform evaluation providing feedback performance appraisal. Define organizational goals goals are critical accused organizational Effectiveness and they served a number of purposes organizations can also have several different kinds of gold all of much would be appropriately managed and a number of different kinds of managers must be involved in setting goals the goals set by their superiors are preliminary based on an analysis and judgment as to what can and what should be accomplished by the organization within a certain period. Define employees objectives after making sure the employees managers have informed a pertinent General objectives strategies and planning premises the manager can then proceed to work with employees and setting their objectives asked what goals the employees believe they can accomplish and what time. And with what resources they will then discuss some preliminary thoughts about what go seem feasible for the company or Department. continuous monitoring performance and progress MBO process is not only essential for making line managers and business organization more effective but also equally important for monitoring the performance and progress of employees for monitoring the performance and progress the following are required identifying and effective programs by comparing performance with preestablished objectives using zero based budgeting applying Bo concept for measuring individual and plans preparing long and short-range objectives and plants installing effective controls and designing a sound organizational structure with clear responsibilities and decision-making Authority at the appropriate level. performance evaluation under the NBA process performance review is made by the precipitation of concern managers. providing feedback the filial ingredients in an MBO program and continuous feedback on performance and goals that allow individuals to Monitor and correct their own actions base continues feedback is supplemented by periodic formal appraisal meetings in which superiors and subordinates can review progress toward goals weight sled to further feedback. performance appraisal. performance appraisals are irregular view of employee performance with an organization it is down at the last stage of the MBO process.

hope this helps

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Jenny's bakery makes two types of birthday cakes: yellow cake, which sells for $25, and strawberry cake, which sells for $35. Bo
Marina86 [1]

Answer: Revenue is maximum at x=25 and y=0. That is when the firm makes only yellow cakes and no strawberry cakes.

Explanation:

x- Number of Yellow cakes

y- Number of Strawberry cakes

Time constrain is given by

2x+3y\leq 450

x\geq 0

y\geq 0

Revenue is given by,

TR= 25x + 35y

At the vertices, revenue is

At (0,0)

TR = $0

At (0,150)

TR = 25(0) + 35(150) = $5,250

At (225,0)

TR = 25(225) + 35(0) = $5,625

Therefore, Revenue is maximum at x=25 and y=0. That is when the firm makes only yellow cakes and no strawberry cakes.

4 0
4 years ago
When dealing with an "ordered list" of items inside of powerpoint it is best to use _____ to organize them?
Norma-Jean [14]

First of all, an ordered list is another phrase for numbered list.

In Microsoft PowerPoint, there are two ways to organize a list: using the Bullets option to create a bulleted list, where the order of items does not matter or using the Numbering option to create a numbered list, <u>where the order of items matter</u>.

Thus, to create an ordered list in Microsoft PowerPoint, you should use the Numbering option.

3 0
3 years ago
Read 2 more answers
Assume the sales budget for April and May is 47,000 units and 49,000 units, respectively. The production budget for the same two
NARA [144]

Answer:

Direct material cost= $372,120

Explanation:

<u>To calculate the purchases of direct material for April, we need to use the following formula:</u>

Purchases= production + desired ending inventory - beginning inventory

Production= 44,000*3= 132,000 pounds

Desired ending inventory= (45,000*3)*0.3= 40,500 pounds

Beginning inventory= (132,000*0.3)= 39,600 pounds

Purchases= 132,000 + 40,500 - 39,600

Purchases= 132,900 pounds

Direct material cost= 132,900*2.8= $372,120

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4 years ago
Bortello Corporation produces high-quality leather boots. The company has a standard cost system and has set the following stand
yan [13]

Answer:

B. $30,000 and $15,000

Explanation:

We can compute this as follows,

We need to calculate flexed budget costs for the production of 125 boots.

Budgeted / boots are as follows,

Leather cost / boot = $240

Direct Labor / boot = $120

The costs that should have been for 125 boots are then,

Leather = 125 * 240 = $30,000

Direct Labor = 125 * 120 = $15,000

Hope that helps.

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4 years ago
What is a good good excuse to give your Professor for not passing homework in in time because your sick and have no access to in
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Answer:

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