________ concentrate(s) on areas that deviate from the plan and ignore(s) areas that are presumed to be running smoothly.

Question

Quizplus · Accepted Answer

Management by exception is a management principle where managers focus their attention on areas that deviate from the plan or expected results while ignoring areas that are presumed to be running smoothly. This allows for more efficient use of management resources and helps identify and address issues before they become major problems. A budget and performance reports can be used with management by exception, but they are not the focus of the principle. Variances are a part of performance reports and can be used with management by exception, but the best choice is management by exception as it encompasses and directs the use of all these tools.

________ Concentrate(s) on Areas That Deviate from the Plan and Ignore(s)