Management by Exception Is a Practice Whereby Managers Focus More

question 23

Multiple Choice

Management by exception is a practice whereby managers focus more closely on ________.

• A) a static budget
• B) areas that are not operating as anticipated
• C) activity-based costing
• D) exceptional decision-making models

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Definitions:

Daily Tasks

Routine activities that are performed on a regular basis as part of the operation of an organization or the functions of a job.

Temporary Teams

Groups formed for a limited period of time to achieve a specific goal, after which the team disbands.

Network Structure

is an organizational model characterized by less hierarchical and more flexibly interconnected groups or division.

Information Technology

The use of computers, networks, and other physical devices to store, process, and exchange data.