Define Control Cycle and Explain How It Is Used to Improve

question 14

Essay

Define control cycle and explain how it is used to improve the firm's performance.

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Definitions:

Horizontal Axis

In a graph or chart, the x-axis, representing the independent variable or the base line for measuring.

Vertical Axis

In a graph or chart, the y-axis which typically represents the dependent variable or outcome in relation to the independent variable on the horizontal axis.

Slope

In mathematics, the measure of the steepness or incline of a line, typically defined as the ratio of the vertical change to the horizontal change between two points on the line.

Y-axis

The vertical line on a graph, typically representing the dependent variable in a two-dimensional coordinate system.