Management by Objectives (MBO) was introduced by Peter Drucker and centers on:
ASubjective annual manager reviews
BJoint goal-setting between management and employees
CPeer ranking without manager involvement
DDaily minute-by-minute monitoring
Explanation
MBO involves collaborative setting of specific, measurable performance goals against which employees are evaluated.
Exam Relevance
- Topic: Performance Appraisal
- Subtopic: Appraisal Methods

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