Examlex
The planning horizon for aggregate plans is always one year.
Control Function
An essential management activity that involves measuring actual performance, comparing it against set standards, and taking corrective action to ensure goal achievement.
Feedback
Information or reactions about a process or activity that is used as a basis for improvement.
Revise Plans
The process of reviewing and updating strategic, operational, or project plans based on new information or changes in circumstances.
Lean Business Model
A strategic approach to running a company that emphasizes creating more value for customers with fewer resources.
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