What is meant by the term 'management by objectives'?

A A. System of giving the authority to carry out certain jobs by those lower down the management hierarchy
B The system of management that is based on bringing together experts into a team
C The setting of objectives to bring about the achievement of the corporate goals
D The control of the Organisation by those in the 'head office'

Correct Answer: The setting of objectives to bring about the achievement of the corporate goals

Management by objectives means the setting of objectives to bring about the achievement of the corporate goals. Management by objectives (MBO) is a management technique for setting clear goals for a specific time period and its monitoring progress.

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