Which of the following defines management by exception? Answer Unselected It is the continuous process of comparing your firm's performance levels against the best levels of performance in competing companies or in companies having similar processes. Unselected It is the practice whereby managers focus more closely on areas that are not operating as expected and less closely on areas that are. Unselected It evaluates the overall cost efficiency on existing operations and to help the manager understand the impact of diverse physical activities. Unselected It is a method of assessing employees based on performance. Unselected I don't know yet