Assignment 1

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  • Topic: Management, Taco, Burrito
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BUS101-( ) Lect.: Mrs. Humaira Al-Maimani Assignment(1): Chapter 4: PLANNING Chapter 3: DECISION MAKINGDue: Oct. 5th, 2012 | | Name: _______________ ID: _______________ Grade:|

Q1. Define Management by Objectives” (MBO)? What elements are necessary to make it work? MBO is a strategy of team work between a manager and his subordinates to reach a certain goal of objectives, by carefully organize a plan to achieve it. The instructions of a manager must be crystal clear so the plan runs smoothly. Also the plan must have a specific time range and the manger must evaluate his employee’s for their performance. _1-Goal Specificity: The goals of the MBO should be a short statement of how things might be expected but this is not enough it should be more specific. 2-Paricipative decision making: Managers and employees join together and choose their goals discuss and agree on how they will achieve them. 3-A clear time table: Organize all the tasks with their planned time for them to be completed.__________________________________________________________________________________ _4-Performance Feed back: Every employee is responsible for getting the feedback such as, from his manager or for his colleague for them to correct their own mistakes.___________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________

Q2. Imagine that you are the president of Taco Rocket, a new and successful...
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