Management Control System– MBO

Zafor Mamoon

Abstract


Every business needs to operate successfully and to attain its full potential in terms of sales and profits, it is
necessary to establish managerial planning and control systems. It is the purpose of this paper to introduce the
basic concepts of delegation and Management by Objectives (MBO). Specific methods to apply these
techniques are also discussed. The paper argues that execution of MBO needs dynamic and transformational
leadership at the top level, and commitment of management at all levels starting from the top-down to the
operating level. Finally, this paper provides directions for future research.

Full Text: PDF DOI: 10.5539/ijbm.v8n5p82

Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.

International Journal of Business and Management   ISSN 1833-3850 (Print)   ISSN 1833-8119 (Online)

Copyright © Canadian Center of Science and Education

To make sure that you can receive messages from us, please add the 'ccsenet.org' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders.