Examlex
In an equation, unknown quantities are called:
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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