Question

Which management technique determines collectively the individual, departmental and organisational objectives?

Answer 1

Management by objectives (MBO) is a strategic management model that aims to improve the performance of an organization by clearly defining objectives that are agreed to by both management and employees.

Answer 2

Explanation:

$ Earning profit $

Every management of the organisation have a motive to earn profit for their business by reducing the cost of the production.

$ Achievement of goals $

Every business wants to achieve the goals., so that business can run for the long time and growth easily.

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