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12th Standard Commerce English Medium - Management By Objectives (MBO) and Management By Exception (MBE) 3 Mark Book Back Question Paper and Answer Key 2022 - 2023

Published on: 02/09/2022

QB365 provides a detailed and simple solution for every Possible Book Back Questions in Class 12 Commerce Subject - Management By Objectives (MBO) and Management By Exception (MBE), English Medium. It will help Students to get more practice questions, Students can Practice these question papers in addition to score best marks.

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Questions:

Generic 3

3 x 3 = 9

List out any three process of MBO.

What are the Process of MBE?

Write the features of MBO.

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Answers Key:

Generic 3

3 x 3 = 9

Three process of MB0 are
(i) Defining Organisational Objectives.
(ii) Goals of Each Section.
(iii) Fixing Key Result Areas.

(i) Primarily, it is necessary to set objectives or norms with predictable or estimated results.
(ii) These performances are assessed and get equated to the actual performance. Next, the deviation gets analysed.
(iii) With an insignificant or no deviation; no action is a required and senior managers can concentrate on other matters.
(iv) If actual performances deviates significantly, the issue needs to be passed to the senior managers, as an exception has occurred.
(v) Finally the union is to solve this "exception" immediately.

(i) An attempt ismade by the management to integrate the goals of an organisation and individuals. This will lead to effective managerment.
(ii) MBO tries to combine the long run goals of organisation with short run goals.
(iii) Management tries to relate the organisation goals with society goals.
(iv) MBO's emphasis is not only on goals but also on effective performance.
(v) It increases the organisational capability of achieving goals at all levels.
(vi) Aims at replacingthe exercise of authority with consultations.