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...Objective setting in an mbo good goals are smart s specific u m measurable c a achievable work have r result oriented e t time related what is peter drucker the practice of management systematic and organized approach that allows to focus on attain best possible results from available resources aims increase individual organizational effectiveness by aligning subordinate objectives clarifies quantifies allow for monitoring evaluation feedback throughout hierarchy simple words emphasises importance as tool be used managers fulfilling their managerial roles accomplish tasks divide problem into manageable bite size chunks plan view vision cross section top mission middle tactical plans first level operational standing single use...