Which of the Following Is True of the Exception Principle

question 98

Multiple Choice

Which of the following is true of the exception principle?

• A) The exception principle is beneficial when it helps supervisors manage their time wisely and motivate employees.
• B) According to the exception principle, supervisors should take action only when the variance is measurable.
• C) The exception principle is applied by top managers during strategic planning when they set objectives for an organization as a whole.
• D) According to the exception principle, supervisors should avoid comparing actual performance with standards set by them.

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Definitions:

Seasonality

Refers to periodic fluctuations in business or data that recur in a predictable pattern based on the time of year.

Causal Forecasting Methods

Predictive techniques that assume a cause-and-effect relationship between the variable forecasted and one or more independent variables.

Environmental Factors

Natural or human-made elements that affect living organisms and the functioning of ecosystems.

Solver Function

A tool used in software, such as Excel, for finding optimal solutions to mathematical problems by varying multiple inputs within constraints.