Feed-forward control - prevention rather than cure, Strategic Management

Assignment Help:

Q. Feed-forward control - prevention rather than cure?

Feed-forward control would be a system that in a pre-emptive way, reacts to changes in its environment, normally to maintain some kind of desired state.   Feed-forward control systems react to future performance expected e.g. make control adjustments, before adverse conditions expected do occur. 

  • Forecasting ahead and doing something now before the event occurs
  • Examples include cash budgeting or strategic planning
  • Control action would be 'closing the stable door before the horse bolts'

 


Related Discussions:- Feed-forward control - prevention rather than cure

Calculate the growth-price-recovery, Hamadi Corporation manufactures an ele...

Hamadi Corporation manufactures an electronic component 'AZ-101'. This component is significantly different from its peer companies and has gained a high repute. The company presen

Leadership, i have to redo the assignment

i have to redo the assignment

Explain shared service centre model, TFX is a multinational company which m...

TFX is a multinational company which manufactures and retails branded designer clothing with business units in a number of different countries globally. Up unless now, each of the

Designing stakeholders evaluation policies, 1. What stakeholders would you ...

1. What stakeholders would you have in the designing of the teacher evaluation policies? 2. What would be inclusive in a teacher evaluation process? (be very specific) 3. When

Explain about position ratio - working capital ratio, Q. Explain about Posi...

Q. Explain about Position ratio - working capital ratio? 1 Current ratio (CA) or working capital ratio CA = Current assets / Current liabilities       (times) The current

What are the essential qualities of negotiators, Question 1: (i) Critic...

Question 1: (i) Critically evaluate this statement: "Disputes can be resolved through use of interest-based negotiations only" (ii) Discuss the prerequisites necessary fo

Capacity planning and pricing, During early 1981 People Express (PX) became...

During early 1981 People Express (PX) became one of the ?rst new entries into the deregulated interstate airline industry. PX's entry strategy was to offer a uniform low-price, no

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd