Examlex
Suppose housing values fall during a recession. In the short run,
Strategic Control
The process of monitoring and adjusting an organization's strategy to respond to changes in the internal and external environment.
Organizational Flexibility
The capacity of an organization to adapt rapidly and efficiently to changes in the external and internal environments.
Mistakes
Mistakes are actions or decisions made due to error, misunderstanding, or oversight, often leading to undesirable outcomes or lessons learned.
Feedforward Control
A management technique involving the collection and analysis of performance information in advance of an event to anticipate and prevent potential problems.
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