What Is the Definition of Double-Loop Feedback

question 19

Multiple Choice

What is the definition of double-loop feedback?

• A)feedback that deals with both the effectiveness of strategy implementation and the validity of the assumptions underlying the strategy
• B)feedback that emphasizes the effectiveness of strategy implementation and the costs of implementation
• C)feedback that emphasizes the validity and assumptions underlying the strategy and the costs of the strategy
• D)feedback on lead indicators and lag indicators

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Definitions:

Single-Step Statement

An income statement format that calculates net income or loss using a single subtraction of total expenses from total revenues.

Net Income

The total profit of a company after accounting for all expenses and taxes; the bottom line of the income statement.

Income from Operations

The profit realized from a business's core operating activities, excluding revenue from investments and other non-operational sources.

Cost of Goods Sold

The immediate expenses associated with manufacturing goods a company sells, comprising costs of materials and labor.