Management Principles

I need help with 1& 3, also need to know if 2 right.

1)Describe the four phases of the training process. Include the types of training available to enhance individual performance and productivity.

2)Discuss management by objectives. How is it used? What are its advantages and disadvantages?

MBO

Management by objectives (MBO) is a progression of defining purposes within an organization so that administration and workforce consent to the purposes and comprehend what they necessitate to execute in the organization in order to accomplish them.

The quintessence of MBO is participative objective setting, preferring itinerary of proceedings and assessment making. An imperative ingredient of the MBO is the measurement and the evaluation of the employee's authentic performance with the principles set. Idyllically, when workforce themselves have been implicated with the objective setting and preferring the itinerary of accomplishment to be followed by them, they are supplementary probable to execute their errands.

Advantage

MBO programs persistently accentuate what ought to be executed in an organization to accomplish organizational objectives. MBO process secures employee commitment to attaining organizational goals.

Disadvantages

The improvement of objectives can be time overriding, departing mutually managers and workforce less instance in which to do their authentic work. The intricate written goals, vigilant communiqu of goals, and meticulous performance assessment obligatory in an MBO program augment the dimensions of rules and regulations in an organization.

3)Discuss the competitive advantage gained by employing a diverse workforce.