All of the following statements are true about MBO EXCEPT
A) It is a collaborative goal-setting process.
B) Goals systematically cascade down through the organization.
C) It is the same as the 360-degree feedback system.
D) Top managers establish overall goals.
E) The manager acts as a counselor.

Question

Quizplus · Accepted Answer

MBO (Management by Objectives) is a collaborative goal-setting process, where goals systematically cascade down through the organization, with top managers establishing overall goals and managers acting as counselors. However, MBO is not the same as the 360-degree feedback system, which is a performance appraisal process that involves feedback from multiple sources (e.g., superiors, subordinates, peers, and customers or clients).

All of the Following Statements Are True About MBO EXCEPT