Examlex
Briefly describe management by exception.
Classified by Purpose
A method of grouping or categorizing items according to their intended use or role within a system or process.
Profit
The financial gain achieved when the revenues generated from business activities exceed the expenses, costs, and taxes needed to sustain those activities.
Not-for-Profit
An organization that operates for purposes other than making a profit, often focusing on social, educational, or charitable activities.
Corporate Form
A legal structure for a business recognized as a separate legal entity from its owners, offering limited liability and other advantages.
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