20. Management by exception is a practice whereby managers focus more closely on ________
a. a static budget
b. activity-based costing
c. exceptional decision-making models
d. areas that are not operating as anticipated
option d. i.e. areas that are not operating as anticipated is the correct answer.
Explanation:
Management by exception is a strategy in which the managers of the company only steps out when there are deviations from the desired results. So the management only focuses on the areas where the results are not as expectations or the areas that are not operating as anticipated. Hence, option d is the correct answer.
All the other options are irrelevant as the answer is clear from the definition itself.
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