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Commerce · Q86

Business Management

Graduate and Post Graduate · Commerce · question 86

Q86

Increase sales by 10% is an example of

A.
objective
Answer
B.
schedules
C.
procedures
D.
budgets

Answer: Option A

Solution

Answer: Option A
Solution:
Increase sales by 10% is an example of objective. Management by objectives (MBO) is a strategic management model that aims to improve the performance of an organization by clearly defining objectives that are agreed to by both management and employees.