Business

Question

Management by​ ________ is the practice that directs executive attention to large budget variances.

1 Answer

  • Management by exception is the practice that directs executive attention to large budget variances.
    This means that only those things that are vital are even mentioned to the management. If there are slight deviations when it comes to the budget, those things are not considered important enough to be brought to the management's attention. 
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