Feedback Is Output Returned to Appropriate Members of the Organization

question 21

True/False

Feedback is output returned to appropriate members of the organization to help them evaluate or correct the input stage.

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Definitions:

BMW

Bayerische Motoren Werke AG, a German multinational company which produces luxury vehicles and motorcycles.

Internal Activity

Tasks, operations, or works conducted within an organization or entity, often as opposed to interactions with external parties.

SCM

Supply Chain Management; the oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.

Return Component

The part of an investment's total return that results from the gain or loss in the value of the investment.