MANAGEMENT BY EXCEPTION Definition

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MANAGEMENT BY EXCEPTION (MBE) is a management method by which only exceptional events are reported or acted upon. In this way management can focus only on those results or occurrences that deviate in some way from that what was expected.

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BALANCE SHEET GEARING is the ratio of interest-bearing debt to equity.

MULTINATIONAL is involving or operating in several nations or nationalities (Example: Multinational corporations).

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