Feedback control - appraisal, Strategic Management

Assignment Help:

Feedback is a process where part of the output of a system is measured and returned as input to regulate the systems further output. Feedback normally involves gathering information on past performance from the output of a system, comparing it to a predetermined standard or plan and using any material deviations, as a basis of improving future performance.

Feedback can be negative (adverse) or positive (favourable)
Feedback is based on comparing actual to a standard of performance
Control action would be 'closing the stable door after the horse has bolted'

Related Discussions:- Feedback control - appraisal

Show the example on residual income, Q. Show the example on residual income...

Q. Show the example on residual income? Division A makes and sells a single product and is assessed by the residual income it earns, the head office of the group uses a 10% cos

#title.value chain analysi., how value chain is implemented in an organisat...

how value chain is implemented in an organisation

Scope and nature of Knowledge-and-Information-System, i need some template ...

i need some template on the above statement

Data mining is about, Finding trends and connections in data to inform comp...

Finding trends and connections in data to inform competitive strategy

Value marginal tradeoffs, Problem: Both person A and person B are purchasin...

Problem: Both person A and person B are purchasing bananas and apples from the same supermarket, where the price of a banana is $2 and the price of an apple is $1. Person A is curr

What is organizational design, 1.Middle managers are often at the center of...

1.Middle managers are often at the center of efforts to develop tactical plans to implement established strategies. How are tactical plans typically established? What challenges co

What is the average contribution and selling price per unit, Division X has...

Division X has a target return on investment (ROI) of 12%. It has fixed costs of £400,000 and a variable cost per unit of £5. The net assets of the division forecast for the next

Cohesion case 2011 for walt disney, develop efe matrix for walt disney

develop efe matrix for walt disney

Knowledge management techniques, Bert's Bonsai sells Bonsai plants, tools a...

Bert's Bonsai sells Bonsai plants, tools and materials to cultivate them, and literature in book and magazine form. An early adopter of electronic records, they are still happily u

strategy options for an organization, a) Use modelling tools to make strat...

a) Use modelling tools to make strategy options for an organization. b) Make a comparative understanding of activity from organizations in the market. c) Make options to form the

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages