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TN 12th Computer Applications மின் - வணிகம் Sample Question Papers Study Material - QB365 Set A

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12th Standard Commerce English Medium - Management By Objectives (MBO) and Management By Exception (MBE) 2 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.

Download Tamil Nadu 12th Standard Commerce question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.

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Std: 12th Standard - Commerce

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Questions:

Generic 2

5 x 2 = 10

What is known as KRA?

Mention any two advantages of MBO?

Bring out the meaning of MBE.

What are the objectives of MBO?

Define - MBO

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Answers Key:

Generic 2

5 x 2 = 10

(i) KRA means Key result areas. Key Result area are fixed on the basis of organisational objectives premises.
(ii) Key Result Areas are arranged on a priority basis. KRA indicates the strength of an organisation.
(iii) The examples of KRA are profitability, market standing, innovation etc.

The advantages of MBO are
(i) MBO gives the criteria of performance, It helps to take corrective action
(ii) MBO process helps the managers to understand their role in the total organisation.

(i) Management by exception is an important principle of managerial control suggested by the classical writers on management.
(ii) It is a style of business management that focuses on identifying and handling cases that deviate from the norm.

The objectives of MBO are ;
(i) to measure and judge performance.
(ii) to relate individual performance to organisational goals

Professor Reddin defines MBO as "the establishment of effective standards for managerial positions and the periodic conversion of those into measurable time bound objectives linked vertically and horizontally and with future planning".