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Management by objectives It is a process whereby the superior and subordinate managers of an enterprise jointly identify its common goals, define each individuals major areas of responsibility in terms of the results expected of him and use these measures as guides for operating the unit and assessing the contribution of each of its 5/7/12
MANAGEMENT by objective is a process in which the manager and subordinates together agree upon a set of activities, targets, dates, and goals which will be used as the criteria to the subordinates performance and evaluation.
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Advantages of MBO Self- control Minimizes Ambiguity Clarity of KRAs Easier to implement change Encourage innovations Better Management of resources
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