Explain the process of MBO with the merits and demerits
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Merits and Demerits of Management by Objectives (MBO) Merits of MBO: Management by objectives calls for regulating the entire process of management in terms of meaningful, specific, and variable objectives at different levels of hierarchy. Management by objectives moulds planning, directing, and controlling in a number of ways.
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Advantages of Management by Objectives
Since Management by objectives (MBO) is a result-oriented process and focuses on setting and controlling goals, if encourages managers to do detailed planning. ... Both the manager and the subordinates know what is expected of them and hence there is no role ambiguity or confusion.
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