The Term "Management by Exception" Is Best Defined As

question 19

Multiple Choice

The term "management by exception" is best defined as:

• A)choosing exceptional managers.
• B)controlling actions of subordinates through acceptance of management techniques.
• C)investigating unfavourable variances.
• D)devoting management time to investigate significant variances.
• E)controlling costs so that non-zero variances are treated as "exceptional."

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Definitions:

Senior Executives

Top-level managers or administrators in an organization responsible for making strategic decisions and overseeing the entire operation.

Complex

Consisting of many different and connected parts, making something difficult to understand or to find a solution for.

Formalization

The extent to which roles, rules, and procedures in an organization are standardized and written down.

Organizational Flexibility

The ability of an organization to adapt to changes, pivot strategies, and adjust its operational processes to meet business or market demands.