Question

Identify an important principle of management control in which only significant deviations which go beyond the permissible limit should be brought to the notice of management.

Options

• Management by control

• Control by exception

• Critical point control

• Both (1) and (2)

Answer 1

Control by exception

Explanation - 

Exceptional management Control by exception, or control by exception, is a management control approach based on the belief that attempting to control everything leads to managing nothing.