[amp_mcq option1=”Control” option2=”Planning” option3=”Organizing” option4=”staffing” correct=”option1″]
The correct answer is A. Control.
Management by exception (MBE) is a management technique that focuses on identifying and correcting significant deviations from planned results. It is a proactive approach to management that seeks to prevent problems from occurring rather than simply reacting to them after they have occurred.
MBE is based on the principle that managers should only focus on those areas that are most important to the organization’s success. This means that managers should not waste time and resources on areas that are already performing well or that are not critical to the organization’s success.
To implement MBE, managers first need to set standards for performance. These standards should be specific, measurable, attainable, relevant, and time-bound. Once the standards have been set, managers need to track performance against those standards. If performance deviates from the standards, managers need to take corrective action.
MBE can be a valuable tool for managers who want to improve organizational performance. However, it is important to note that MBE is not a cure-all. It is only one tool that managers can use to improve performance. Other tools, such as planning, organizing, and staffing, are also important.
Here is a brief explanation of each option:
- Control is the process of ensuring that actual results are in line with planned results. It involves setting standards, measuring performance, and taking corrective action when necessary.
- Planning is the process of setting goals and objectives, and developing strategies for achieving those goals.
- Organizing is the process of creating a structure for the organization, and assigning tasks and responsibilities to employees.
- Staffing is the process of recruiting, hiring, and training employees.