GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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When management pays attention to more important areas and when the day to day routine problems are looked after by lower level management, it is known as
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Critical path method
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Participative Management
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Management by Exception
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Management by objectives
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Explanation:
Detailed explanation-1: -Answer: When ‘management pays attention’ to an important areas and when the ‘day to day routine problems’ are looked by ‘lower-level management’, it is known as Management by Exception. Explanation: Management by exception is a method of managing the business where the focus is on the main aspects of the business.
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