What is meant by the term exception reporting, Business Economics

What is meant by the term exception reporting? What are the advantages and the drawbacks of this type of reporting?

Exception reports concentrate onto what has not gone as per plan, the idea being which things going as per plan is what is supposed to occur and therefore can be assumed unless informed otherwise. The great benefit of exception reporting is that this makes for short, succinct reports which focus management’s attention where this must be on what is going wrong. Though, due to this, pure exception reporting tends to suppose a rather negative cast and the recipients of the reports will acquire the impression which everything is going wrong – since that is all they are told regarding! Therefore, most managers tend to depart by the pure exception format to emphasise the achievements, and also the problems, of their team.

Posted Date: 9/3/2013 7:11:57 AM | Location : United States







Related Discussions:- What is meant by the term exception reporting, Assignment Help, Ask Question on What is meant by the term exception reporting, Get Answer, Expert's Help, What is meant by the term exception reporting Discussions

Write discussion on What is meant by the term exception reporting
Your posts are moderated
Related Questions
What is Employment and Unemployment? Employment and Unemployment: Employment: It is the number of people working within the economy. Unemployment: It is the nu

What are the differences among developing economies? Developing countries are diverse. They can be different in terms of as: • Resource Endowment for example, a country is

(a) Using the basic concept of price elasticity of demand for his product, describe how the producer may raise his total revenue. (b) With reference to an initial set of marke

to explain in detail how to get five rights in procurement and supply

How could the quality culture behaviours be applied in a hospital? The total quality management approach and culture are extremely readily applied to a hospital. Usually, peopl

Problem 1: (a) The Mauritian government is now increasingly involving the private sector in the development of the economy. How can government support effective private sector

factors that affects sthe volume of production in economy

You are evaluating a project in the country of Expropriationstan. You estimate end-of-year cash flows as follows. Assume your discount rate for evaluating projects of this sort in

QUESTION 1 (a) Illustrate the main causes of inflation in Mauritius. (b) Critically analyse the costs of inflation. Which of these items is likely to have encouraged the Mau

Explain Marris’ Growth Maximisation Model in detail. Explanation of the model Constraints Demerits