Question

8)What is management by exception?


9)What do you mean by Break Even Point analysis?


10) What is Grapevine Communication ?
​

Answer 1

Answer:

8) Management by exception is a style of business management that focuses on identifying and handling cases that deviate from the norm, recommended as best practice by the project management method.

9) Break-even analysis looks at the level of fixed costs relative to the profit earned by each additional unit produced and sold. In general, a company with lower fixed costs will have a lower break-even point of sale.

10) the grapevine effect is “the informal transmission of information, gossip or rumor from person to person.” ... Because this mode of communication is informal, all information that passes through is open to change and interpretation