Managers at WXYZ just announced that the new management program would be focused around management by objectives (MBO) concepts. Katelynn Kareem had been a manager at WXYZ for 10 years, and she was not certain if this new MBO approach was going to fit her department. She had strong commitment to achieving the company's objectives, but she also knew her employees well enough to know that some didn't share the same commitment. What can Katelynn expect to be doing during the final step of the MBO process?

The options for this question are the following:

a. appraising overall performance

b. reviewing progress toward company goals

c. defining the mission

d. none of these

e. developing action plans

The correct answer is e. developing action plans.

Explanation:

An action plan is a type of plan that prioritizes the most important initiatives to meet certain objectives and goals. In this way, an action plan is constituted as a kind of guide that provides a framework or structure when carrying out a project.

Within a company, an action plan can involve different departments and areas. The plan establishes who will be responsible for their compliance in a timely manner. In general, it also includes some mechanism or method of monitoring and control, so that those responsible can analyze whether the actions follow the right path.

(a) when insurance is obtained through a reciprocal insurer, the insureds are sharing the risk of loss with other subscribers of that reciprocal.

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