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Investigating significant differences only between actual results and standards is an application of which management principle?...

Investigating significant differences only between actual results and standards is an application of which management principle?

Question 23 options:

Management by objectives

Management by exception

Management by walking around

Span of control

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Answer #1

Management by exception allows management to focus only on those areas where the business is not performing according to the plan, thus making management effort more efficient.

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