________ involves translating the organization's overall objectives into specific objectives for each succeeding level in the organization.
A) Strategic planning
B) Management by objectives
C) Representative participation
D) Management buy-out
E) Management by exception

Question

Quizplus · Accepted Answer

This refers to the process of setting specific objectives for each level in an organization in order to achieve the overall objectives of the organization. It is a key component of the management by objectives approach to goal-setting and performance management. Strategic planning (A) is a broader process that involves setting the direction and priorities of an organization as a whole. Representative participation (C) refers to the involvement of employees or other stakeholders in decision-making processes. Management buy-out (D) refers to a situation where managers or employees purchase the organization they work for. Management by exception (E) refers to a management approach where managers only intervene when there are significant deviations from expected performance.

________ Involves Translating the Organization's Overall Objectives into Specific Objectives