Answer:
False.
Explanation:
Management By Objectives approach was first proposed by Peter Drucker. In his book "The practice of management", he first coined this term.
MBO approach or Management by Objectives approach is a strategic approach that focuses on the improvement of performances. These strategies are agreed upon by both the management and the employees of the company. In this approach, objectives are set and actions are taken as per the commitment. The participation in objective settings helps employees to work more efficiently.
So, MBO is not about collecting performance information but about setting objectives of the organization that is agreed both by employers and employees.
So, the correct answer is false.
