Given below are two statements. In the light of the above statements, choose the most appropriate answer from the options given below.
Statement I:Management by Objectives is also known as management by results and the goal-setting approach.
Statement II:It is a result-centred, specialist and strategic managerial process focused on long-term planning alone.
ABoth Statement I and Statement II are correct
BBoth Statement I and Statement II are incorrect
CStatement I is incorrect but Statement II is correct
DStatement I is correct but Statement II is incorrect
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