Question

Enumerate any three advantages of Management by Exception which is used by manager in analysing deviations.

Answer 1

ADVANTAGES OF MANAGEMENT BY EXCEPTION:

1. It saves the time and efforts of managers as they deal with only significant deviations.
2. It focuses managerial attention on important areas. There is better utilization of managerial talent.
3. The routine problems are left to the subordinates. Thus, it facilitates delegation of authority and increases morale of employees.
4. It identifies critical problems which need timely action to keep the organisation in right direction.