Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Controlling

Question:
This concept of Control Management is based on the belief that if you try to control everything, you may end up controlling nothing.
Options:
Critical point control
Key result areas
Management by exception
Deviations
Correct Answer:
Management by exception
Explanation:
Management by Exception: Management by exception, which is often referred to as control by exception, is an important principle of management control based on the belief that an attempt to control everything results in controlling nothing. Thus, only significant deviations which go beyond the permissible limit should be brought to the notice of management.