GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The additional commitment to the organisation
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Its over-emphasis on production and productivity
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The absence of short-term and long-term planning
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Its inability to control progress of work and achievement of results
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Detailed explanation-1: -Disadvantages. As MBO is focused on goals and targets, it often ignores other parts of a company, such as the culture of conduct, a healthy work ethos, and areas for involvement and contribution. Strain is increased on employees to meet the goals in a specified time frame.
Detailed explanation-2: -The correct answer is time-consuming. Management by Objectives (MBO): Management by Objectives (MBO), is a result-oriented, goal-setting management model that focuses on collaborative goal-setting between managers and employees. It is also known as Management by Results, Goal Management, and Management by Planning.
Detailed explanation-3: -Efficient Utilization of Human Resources is important to every organization. With MBO, employees and managers collaborate on assigning roles and setting goals. As a result, both sides assure that individual talents are appropriate to the task at hand and the measurable objectives are highly achievable.
Detailed explanation-4: -Lack of Support of Top Management: Resentful Attitude of Subordinates: Difficulties in Quantifying the Goals and Objectives: Costly and Time Consuming Process: Emphasis on Short Term Goals: Lack of Adequate Skills and Training: Poor Integration: Lack of Follow Up: More items