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Feed back occurs when the results of a system are used to control it, by adjusting the input or behaviour of the system. Feed back is information produced as output from operation.It is used to compare actual results with planned results for control purpose.
SIR CAN YOU PLEASE EXPLAIN THIS DEFINATION or PLEASE TELL ME WHAT IS FEEDBACK IS ?
Variances are a good example of feedback. They are usually calculated each month – at the end of the month we compare actual with budget and use the information to control what happens in the future. So if, for example, there was an adverse variance in January, we then try and correct the problem in order to avoid adverse variances in the future.
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