Question

“In a manufacturing organization, if the plans lay down 5% increase in labour cost

as an acceptable range of deviation, then only increase in labour cost beyond 5%

should be brought to the notice of the management for corrective action.”

This is an example of :

a) Management by exception

b) Critical Point control

c) Both a & b

d) None of the above
​

Answer 1

Answer:

option c (Both a n b) is the answer

Answer 2

Explanation:

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