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12th Standard Commerce English Medium - Management By Objectives (MBO) and Management By Exception (MBE) 2 Mark Creative Question Paper and Answer Key 2022 - 2023

Published on: 02/09/2022

QB365 provides a detailed and simple solution for every Possible Creative 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 + Answers key

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Std: 12th Standard - Commerce

chapter: - Model Question paper

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Questions:

Generic 2

5 x 2 = 10

What do you mean by MBO?

Who popularise MBO?

The production manager of your business establishes a quality control standards where in five defects are permissible for every 100 units. What is the management principle highlighted here? Will you encourage the production manager?

How are organisational objectives framed?

Write any two importance of MBE

Generic 5

1 x 5 = 5

What are the objectives of MBO?

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Answers Key:

Generic 2

5 x 2 = 10

MBO is a management system in which each member of the organisation effectively participates and involves himself. This system gives full scope to the individual strength and responsibility. MBO harmonises the goal of an individual with the organisation's goal.

George Odiorne.

Management by Exception.

Initially, organisational objectives are framed by the top level employees of an organisation. Then it moves downwards

(i) It saves the time of managers because they deal only with exceptional matters. Routine problems are left to subordinates.
(ii) It focuses managerial attention on major problems. As a result, there is better utilisation of managerial talents and energy.

Generic 5

1 x 5 = 5

Management by objectives is intended primarily
(i) To measure and judge performance
(ii) To relate individual performance to organisational goals.
(ii) To clarify both the job to be done and the expectations of accomplishment.
(iii) To foster the increasing competence and growth of the subordinate.
(v) To serve as a basis for judgements about salary and promotion.
(vi) To stimulate the subordinates motivation
(vii) To serve as a device for organisational control and integration.