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The control principle that suggests managers should be informed about a problem only when there is a significant deviation from established standards is known as "management by exception." This principle allows managers to focus on significant issues that require their attention, rather than getting involved in routine operations or minor fluctuations. By concentrating on substantial deviations, managers can allocate their time and resources more effectively to address areas that genuinely impact performance.

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What is the validity of deviation card?

The validity of a deviation card typically refers to its acceptance and recognition within a specific context, such as in quality control processes or regulatory compliance. It signifies that a deviation from established standards or protocols has been formally documented and approved. However, the specific duration and conditions of its validity can vary based on organizational policies and the nature of the deviation. It's essential to consult relevant guidelines or regulatory frameworks to understand how long a deviation card remains valid.


Application of standard deviation in business?

Standard deviation helps business understand the research they have done on their potential customers. If the information deviates by one, then they know that they can rely on the information more so than research that deviates to standards deviations away from the mean.


What is or almost the same meaning as rule?

A term that is almost the same in meaning as "rule" is "regulation." Both refer to guidelines or principles that govern behavior or actions. Other synonyms include "directive," "law," and "guideline," which also imply established standards that must be followed.


What is the maximum frequency deviation?

Maximum frequency deviation refers to the extent to which the frequency of a modulated signal can vary from its unmodulated carrier frequency. In frequency modulation (FM), this deviation is typically specified in hertz or as a percentage of the carrier frequency. It plays a crucial role in determining the bandwidth of the FM signal and affects the fidelity of the transmitted information. Regulatory standards often set limits on maximum frequency deviation to ensure effective communication and minimize interference.


What is it to be a person of integrity?

A person concerned with principles of right and wrong or conforming to high standards of behaviour.

Related Questions

Where is a nonconformity found?

A nonconformity can be found in various contexts such as in geological formations where different rock layers meet at an angle, or in quality management systems where a deviation from established standards or requirements is identified.


What is the validity of deviation card?

The validity of a deviation card typically refers to its acceptance and recognition within a specific context, such as in quality control processes or regulatory compliance. It signifies that a deviation from established standards or protocols has been formally documented and approved. However, the specific duration and conditions of its validity can vary based on organizational policies and the nature of the deviation. It's essential to consult relevant guidelines or regulatory frameworks to understand how long a deviation card remains valid.


What is a synonym of 'principles'?

standards


Deviation from explosive safety standards must only result?

out of operational necessity


What is the significance of a gray eyelash in terms of aging and beauty standards?

A gray eyelash is significant in terms of aging and beauty standards because it is a visible sign of getting older. In many cultures, youthfulness is often associated with beauty, so the presence of gray eyelashes may be seen as a deviation from traditional beauty standards.


Does the coach set the standard for a baseball team or does the umpire or even the player?

The standards for the game are established by the rules and enforced by the umpires, the standards for the team are established by the Manager, but the standards for the players are established by the players themselves.


When was GAAP established?

In 1992, the Auditing Standards Board established the GAAP hierarchy.


What does Steadfast adherence to a strict moral mean?

Steadfast adherence to a strict moral code refers to consistently following a set of ethical principles or standards without deviation. It involves unwavering commitment to doing what is considered right or just, even in the face of challenges or temptations.


What is the difference between authority and legitimacy?

authority: the power to determine, adjudicate, or otherwise settle issues or disputes; jurisdiction; the right to control, command, or determine. legitimacy: in accordance with established rules, principles, or standards.


The standards of good moral conduct or principles are known as what?

Ethics


When was FASAB established?

The Federal Accounting Standards Advisory Board (FASAB) was established in 1990.


Requires that accounting standards be followed for all significant items?

Requires that accounting standards be followed for all items of significant size