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

Problems of profit based measures, Problems of profit based measures -...

Problems of profit based measures -  Absolute profit measures ignore the amount of investment in the division e.g. does not look at profit relative to capital employed. -

Effect of support on negative affect, There is wide support from government...

There is wide support from government agencies for people to exercise and indeed take part in sport. For many sportspeople, however, injury plays a part in their day-to-day sportin

Assignment, Present a real life case study of the concept that you chose in...

Present a real life case study of the concept that you chose in Part One ‘in action’. You can use your own organisation or an organisation of your choice – we recommend you use an

Case study using blue ocean strategy, Astor Lodge & Suites, Inc. There are ...

Astor Lodge & Suites, Inc. There are two parts: part A: describe the Us hotel industry and competitive positioning and financial performance. Part B: study the Aus hotel industry a

Create a pivot table, One rich seam of experimental data comes from meteoro...

One rich seam of experimental data comes from meteorological measurements.  Thousands of measurements are recorded each day by the Australian Bureau of Meteorology (BoM). This assi

What does it mean for organizational management, Question 1: Discuss th...

Question 1: Discuss the importance of strategy towards the success of a business, highlighting some of the considerations necessary for successful strategic management. Que

Decision-making about production and operations stp, You are the newly-appo...

You are the newly-appointed Marketing Director of a multinational company operating in the national and regional plantation industry. In order to achieve a 100% business growth com

Three ways of sustaining competitive , Three ways of sustaining competitive...

Three ways of sustaining competitive benefit are? Ans) differentiation, Price-based strategies and lock-in

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

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 maint

Process of performing an internal audit, 1. Explain the process of performi...

1. Explain the process of performing an internal audit. Evaluate why prioritizing the relative importance of strengths and weaknesses to include in an IFE Matrix is an important st

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