High Fence Corporation Is Currently Implementing a Management by Objectives

Multiple Choice

High Fence Corporation is currently implementing a management by objectives (MBO) program. Managers and employees jointly set goals and develop action plans, and goal achievement is evaluated on an annual basis. High Fence is missing which major activity that must occur in order for MBO to be successful?

A) Developing a mission statement
B) Developing tactical goals
C) Reviewing progress
D) Reviewing operational plans
E) None of these