Examlex
Working memory provides temporary storage for information that is currently being used in some conscious cognitive activity.
Feedback Loop
A feedback loop is a process in which the outcomes of a system are circled back and used as inputs for future actions, allowing for continual adjustment and improvement.
External Environment
The conditions, entities, events, and factors surrounding an organization that influence its activities and choices, such as economic conditions, competitors, and regulations.
Resource Inputs
The materials, labor, and capital that are invested into a system or process to produce goods or services.
Finished Goods
Products that have completed the manufacturing process and are ready for sale or distribution to customers.
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