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Business Studies · 2022 · 2 marks
CBSE 2022 · Region 5 · Set 3 · Q4
'Analysing deviations' is an important step in the
process of controlling. It is therefore important to bring
significant deviations to the notice of the management which go beyond the permissible limit. Identify and give the meaning of the concept discussed
above.
Marking-scheme solution
Management by Exception.
Management by Exception is a principle of management control,
based on the belief, that ‘an attempt to control everything results
in controlling nothing’. Therefore, only significant deviations
which go beyond the permissible limit should be brought to the
notice of management.
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CBSE Class 12 Business Studies past-paper question from the 2022board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.