Feedback control

Feedback control refers to reassessment of the information for identifying whether the established standards are met by the performance or not. For example consider a company set goal for increasing the profitability by almost 12 percent in the year to come. Thus the company is required to monitor the profit earned by it on a periodic basis so as to make sure that the goal set by the company is reached. Thus after a quarter if company identified that there is a increment of 3 percent underlying the company’s profit then they can assume that the efforts are made in right direction.