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Question
Enumerate any three advantages of Management by Exception which is used by manager in analysing deviations.
Answer in Brief
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Solution
ADVANTAGES OF MANAGEMENT BY EXCEPTION:
- It saves the time and efforts of managers as they deal with only significant deviations.
- It focuses managerial attention on important areas. There is better utilization of managerial talent.
- The routine problems are left to the subordinates. Thus, it facilitates delegation of authority and increases morale of employees.
- It identifies critical problems which need timely action to keep the organisation in right direction.
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Notes
Students can use any three points in their answer.
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