What do you understand by the term Management by Exceptions (MBE)

MANAGEMENT BY EXCEPTION (MBE) is the focusing by management of its attention upon those items or processes etc, which are deviating from budget, on the principle that matters conforming to budget need no management attention. Computers may be programmed to report on matters deviating from plans.

 

Susmita Sah
Jan 13, 2022
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