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Commerce · Q166

Business Management

Graduate and Post Graduate · Commerce · question 166

Q166

MBO is suggested by Peter F Drucker in

A.
1951
B.
1955
C.
1953
D.
1954
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
MBO is suggested by Peter F Drucker in 1954. Management by objectives (MBO), also known as management by results (MBR), was first popularized by Peter Drucker in his 1954 book The Practice of Management. Management by objectives is the process of defining specific objectives within an organization that management can convey to organization members, then deciding on how to achieve each objective in sequence.