Examlex
The time and effort involved in each function of management will vary depending upon the level of the hierarchy in which the manager is a member.
Establishing Objectives
The process of defining specific, measurable, achievable, relevant, and time-bound goals that an organization or individual aims to achieve.
Measuring Actual Performance
The process of evaluating the real outcomes of activities or processes against expected or planned outcomes.
Management by Exception
A management style in which the manager intervenes only when performance deviates significantly from standards, allowing for more autonomous operation of processes.
Managerial Attention
The focus and prioritization that managers give to certain issues, tasks, or information, which can significantly impact decision-making and leadership.
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