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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.
Net exports normally decrease with the effect when aggregate output decline. When a concretionary fiscal policy is implemented net exports will go up . When government maintain the
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It is significant that the contracts between the main contractor and the customer and between the key contractor and subcontractors are back-to-back; what is meant by that term?
β1=0 e5.1 from stock and watson 3rd edition introduction to econometrics Using the data set CPS08 described run a regression of average hourly earnings (AHE) on Age and carry out
relationship between tfc , tvc , tc
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What is the difference between absolute and comparative advantage? Difference between absolute and comparative advantage: • Absolute advantage arises while a country or reg
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