The Last Step in a Typical Control System Is

question 53

Multiple Choice

The last step in a typical control system is

• A) taking action to correct problems.
• B) setting performance standards.
• C) measuring performance.
• D) comparing performance against the standards.
• E) revising standards.

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Definitions:

Patents

Legal documents granted by the government that give an inventor exclusive rights to make, use, or sell an invention for a certain period of time.

Imitation

The act of copying or mimicking the strategies, products, or processes of individuals or enterprises, often seen as a way to gain a competitive advantage or innovate.

Fast-Second Strategy

A business approach where companies wait to see which innovations prove viable and then quickly follow with improvements and cost reductions.