Management by Exception (MBE)
Management by Exception (MBE) is a method in which management is informed only of major exceptions from a budget or plan. The principle behind this is that management should only…
Management by Objectives (MBO) – Definition, Need and its Limitations
This article covers whole Management by Objectives (MBO). This can be helpful for students and professionals. Successful management goes a long way towards extracting the best from workers and making…