MBO is a goal-setting process in which a manager meets periodically with his or her supervisor to set new goals and evaluate how well previously set goals have been met.

Name: MBO is a goal-setting process in which a manager meets periodically with his or her supervisor to set new goals and evaluate how well previously set goals have been met.
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This is an accurate description of the MBO (Management by Objectives) process.

MBO Is a Goal-Setting Process in Which a Manager Meets