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Question
One of the primary advantages of management by objectives (MBO) is that ________.
A) it saves time
B) it is an easy process
C) it gains employee commitment
D) it reduces the volume of paper work in the organization
E) it places the responsibility for goal attainment solely on managers
Answer
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D) Angel investors focus on a small number of industries.
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Q:
What is planning? What are the advantages and potential disadvantages of planning?
Q:
Management's evaluation of planners should ________.
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B) depend mostly on subjective factors
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D) rely entirely on objective criteria
E) completely avoid the use of subjective indicators
Q:
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A) number of employees
B) innovation
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Q:
One of the corporate objectives of Supra Inc. is "to enrich the quality of life in the community by providing education, training, and employment opportunities."According to Drucker, this organizational objective relates to ________.
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Q:
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What is consensus?
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Q:
The primary management function is ________.
A) organizing
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C) controlling
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Q:
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Q:
The last step in the planning process focuses on developing plans to pursue the chosen alternative for reaching organizational objectives.
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Premises are the assumptions upon which alternatives to reaching organizational objectives are based.
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Organizational rejuvenation occurs when a firm attempts to alter its own competitive strategy.