3 Main Aids used in Managerial Control | Management

This article throws light upon the three main aids used in managerial control. The aids are: 1. Management by Exception (MBE) 2. Management Informa­tion Systems (MIS) 3. Key Indicator Management. Aid # 1. Management by Exception (MBE): Management by exception, or the exception principle enables managers to direct attention to the most critical areas of control and permits employees or [...]