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 PRINCE2. Management by exception has both a general business application and a business intelligence application. General business exceptions are cases that deviate from the normal beh...
Found on
http://en.wikipedia.org/wiki/Management_by_exception
A management style in which managers give employees the authority to run projects, etc., by themselves and managers only become involved if the employees fail to meet certain criteria or standards
Found on
http://www.encyclo.co.uk/local/22643
Management by exception is a concept that managers use to focus on key areas of business performance instead of looking at the business as a whole. Managers only look at the areas that have large variances from the standard or budgeted projections.
Found on
https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction
No exact match found.
