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.
Answering "If you have no intention of becoming a financial managerwhy do you need to understand financial management?"
Financial management is a managerial activity because businesses need to make high level financial decisions for every department to function. Financial management will determine when some loans need to be taken or what kind of financing options need to be upheld.
in past management practice did not focus on customer need and want they only consider on prodection quantity but in persent time management practice focus on comsumer requirement.
You can get a degree in loan management by taking a loan management course in university. Not all universities have this course, so you might need to do a little digging.
Business management is the process of organising,planning,control and leading in the business environment. It need the management to have business skills of how to lead a business and qualified for a job. such as having a degree in management or Bcom,
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
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.
exception reports
why is financial statement analysis part of business analysis? Please answer this question, I'll need it this answer!
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.
Lester R. Bittel
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."
do you need risk management or insurance
what is the need of management education for engineers
management are there to make sure that the organisation is in the good position and there are four things that the management need to impliment in the organisation that is planning, organasing,leading and control. thsat why we need management