Q.List out the Management tools.

The two important management tools are Management by Objectives (MBO) and Management by Exception (MBE).

Management makes use of certain modern tools or techniques to achieve organisational goals effectively:

1. Management by Objectives (MBO) — managers and subordinates jointly set goals, and performance is measured against those agreed objectives. …

The main management tools in the TN HSC Commerce syllabus are Management by Objectives (MBO) and Management by Exception (MBE).

Management tools are modern techniques that help managers plan, control and improve performance in an organisation. As covered in the Class-12 Commerce syllabus, the two important management tools are:

• Management by Objectives (MBO) — a technique in which the superior and subordinate jointly set goals, and performance is measured against those agreed objectives. …

The management tools studied are Management by Objectives (MBO) and Management by Exception (MBE).

Alongside the traditional functions of management, businesses use special techniques or 'tools' to make managing more effective and result-focused. The two management tools in the syllabus are:

• Management by Objectives (MBO): a system in which superiors and subordinates jointly set clear, measurable goals, work towards them, and periodically review actual results against those goals. It stresses participation and results rather than activity. …