The management technique whereby managers concentrate on results that are outside the accepted parameters is called management by ________.
A) variance
B) standard
C) exception
D) budget

Question

Quizplus · Accepted Answer

Management by exception (MBE) is a technique where managers only focus on results that deviate from the norm or standard. This means that they concentrate their efforts only on the activities or outcomes that require intervention or action, rather than monitoring everything. This allows managers to use their time and resources efficiently and effectively, as they do not waste time on routine monitoring and instead focus on addressing significant deviations from the standard.

The Management Technique Whereby Managers Concentrate on Results That Are