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Wednesday, 14 September 2011

What is MBO? Meaning, Definition and Articles

Posted on 02:15 by Unknown
What is MBO? Meaning
Management By Objectives (MBO) was introduced by Peter Drucker in 1954. In MBO, the subordinate (junior or lower level) managers are allowed to participate in planning and controlling activities. They are allowed to participate in the decision-making process. In MBO, the superior and subordinate managers jointly fix the objectives of the organisation. They collectively make
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