Question

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.

Answer 1

Answer:

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

Explanation:

Management by objectives (MBO)

A management system in which the objectives of an organization are agreed upon so that management and employees understand a common way forward.