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From course:

ME1309 Ekonomistyrning

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Question:

Redogör What, Why, How, When, Who för Diagnostic

Author: Emil Härdling



Answer:

- Feedback systems that monitor organisational outcomes and correct deviations from preset standards of performance. - To allow effective resource allocation, to define goals, to provide motivation - Set standards, measure outputs, link incentives to goal achievement - Performance standards can be preset, outputs can be measured - Senior managers set or negotiate goals, receive and review exception reports, follow-up siginificant exceptions.


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