Double-Loop Feedback Can Be Defined as

question 97

Multiple Choice

Double-loop feedback can be defined as

• 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:

Auto Parts Industry

Refers to the sector of the economy focused on the manufacturing, distribution, and retailing of vehicle parts and accessories.

Significantly Lesser Price

A sale or transaction price that is considerably lower than the usual or market value.

Franchisor

The owner of the trade name or trademark in a franchise.

Franchisee

An individual or company that is granted the right by a franchisor to conduct business under an established brand's trademark and business model.