MANAGEMENT BY OBJECTIVES - MBO
A management system that aims to improve performance of an organization by defining objectives, which both the management and employees agree to. The model suggests having a clear goal setting and action plans must ensure better commitment and participation among employees, as well as realignment of objectives throughout the organization. Management Guru Peter Drucker first designed this management system in his book, The Practice of Management, in 1954. Implementing MBO in companies improve employees’ motivation and commitment, ensures better communication between management and employees.
POPULAR TERMS
Poison Pill
Corporations use this strategy to discourage aggressive takeovers. With a poison pill, the target company tries to make its stock less attractive t ...
Supply
Aggregate amount of a product or service available to consumers. Supply is the demand for a product or service at a set price. It may refer to the ...
KOF Economic Barometer
A composite indicator, which is published monthly, to give an estimate GDP growth rate of the Swiss economy compared with the year-earlier quarter. ...
Adaptive Expectations Hypothesis
An assumption stating that the investment decisions of individuals are based on the direction of recent historical data, past inflation rates as an ...
EAGLES
Acronym introduced by Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) in 2010 denoting the emerging and growth-leading economies of Egypt, Kore ...
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Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
Starting Your Own Small Business: Financing a Business
After choosing the business you want to go into, regardless of the line of business, you need a startup capital in order to keep the business going ...
Buying a Home: Closing the Deal
It’s almost done! With just a few steps away, the house that you have been dreaming of will be yours.
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
Digesting Financial Statements: Introduction
Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
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| Time | Country | Indices | Period |
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| 02:01 | Rightmove House Prices | Jan | |
| 04:00 | Real GDP | 4 quarter | |
| 04:00 | Fixed Asset Investment | Dec | |
| 04:00 | Industrial production | Dec | |
| 04:00 | Retail Sales | Dec | |
| 04:00 | Unemployment Rate | Dec | |
| 04:00 | NBS Press Conference | ||
| 06:30 | Industrial Production | Nov | |
| 06:30 | Tertiary Industry Index | Nov |
