Which phrase describes a basic principle of management by objectives?

The phrase that best describes a basic principle of management by objectives is one that emphasizes the significance of individuals being committed to a shared goal. When people are genuinely invested in a specific objective, they are inherently more motivated to contribute their efforts toward achieving that objective. This principle recognizes that engagement and commitment enhance motivation and lead to improved performance and productivity.

In management by objectives, the focus is on setting clear, achievable goals collaboratively. When team members understand and agree on common goals, they are more likely to feel a sense of ownership and responsibility toward those goals. This dynamic fosters a supportive environment where individuals are inspired to work collectively, enhancing teamwork and driving results.

The other options either do not align closely with the core principles of management by objectives or reflect a more traditional top-down approach, which does not empower individuals in the same way. Leaders dictating a vision or strictly following standard policies do not engender the same level of personal investment or motivation from team members. While performance metrics can be vital in measuring success, they do not encapsulate the essence of connecting people to a shared purpose in the way that commitment to a goal does.