5.___is also known as “ Control by Exception"
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management EXCEPTION
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Management by Exception is also known as " Control by Exception "
- This type of Management operates in the belief that "An attempt to control everything may end up by controlling nothing".
- Management by exception is the practice of assessing the financial and operational outcomes of a business and only bringing issues to the attention of management if results represent considerable disparities from the budgeted or anticipated amount.
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