One advantage of management by exception is the fact that managers can easily focus on remedying a problem. One disadvantage is the fact that management may miss other problems while focusing on one area.
The Exception class has 4 constructors. They are: a. Exception() b. Exception(String arg) c. Exception(String arg, Throwable arg1) d. Exception(Throwable arg)
You can throw any type of exception you want, including an unchecked exception.
We can create a exception sub class by extending Exception class available in java
Error: Any departure from the expected behavior of the system or program, which stops the working of the system is an error. Exception:Any error or problem which one can handle and continue to work normally. Note that in Java a compile time error is normally called an "error," while a runtime error is called an "exception." Errors don't have subclasses while exception has two subclasses, they are compile time exception or checked exception (ClassNotFound Exception, IOException, SQLException etc.) and runtime or unchecked exception(ArrayIndexOutOfBounds Exception, NumberFormat Exception).
Management by exception is a kind of management where the manager put attention on unexpected situations.
management by exception .it give exception for some cases
Exception management is the practice of investigating, resolving and handling such occurrences by using skilled staff and software tools. Good exception management can contribute to efficiency of business processes.
management by exception
Management by exception and/or reporting by exception is a process by which top management is spared from routine, planned, expected and irrelevant information or situation. however, it initiates feedback and reporting in the event of any extra ordinary situation or circumstance that would be out of the scope of the junior management as they still lack the expertise in important strategic matters.
Lester R. Bittel
One advantage of management by exception is the fact that managers can easily focus on remedying a problem. One disadvantage is the fact that management may miss other problems while focusing on one area.
Management-by-exception (passive) - Is a form of leadership in which the leader intervenes only if standards are not met and only take action after rules have been broken or mistakes are "brought to their attention."
Active management will react to changes in the environment and in internal position. Active management of any kind is going to involve more change (thus be more dynamic) than inactive management.
My 08 GMC Sierra has Active Fuel Management, and it does work while using cruise control.
The utility of management accounting is to take active and timely decision.
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