In the management control system, feedback and learning affect all phases.

Question

Quizplus · Accepted Answer

Feedback and learning play a crucial role in all phases of the management control system, including planning, execution, and evaluation. Feedback helps managers to monitor progress, identify areas of improvement, and make necessary adjustments to achieve organizational goals. Learning helps to identify best practices, share knowledge and experiences, and improve decision-making processes. Thus, feedback and learning contribute to the continuous improvement of the management control system.

In the Management Control System, Feedback and Learning Affect All