Question

Explain the nature of MBO.

Answer 1

MBO is an approach to planning that aims to overcome barriers that might stop an organization from achieving its objectives. It involves the setting up of goals by managers and their subordinate working together by specifying responsibilities and assigning authority for achieving the goals.

Answer 2

Nature of MBO is to define goals and measure performance of individuals.

Explanation:

• Management by objectives is the way of management by peter Drucker. It is a process that defined specific business objectives within a firm. It allows managers to take work that can be done one step at a time.  

• This process helps the members of the organization to reinforce a positive environment and a sense of achievement.

• It helps measure the employee's performance with actual standards. MBO helps to set goals or targets along with defining the roles and responsibilities.

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• brainly.in/question/13701509 answered by kaushikbhakta0208200.