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Homework and assignments are as much an important part of the academic curriculum as the exams for both serve at evaluating where you stand. While exams evaluate your ability to memorize things, homework and assignments see how you apply your knowledge. This application further induces a sense of originality in the students who have to put their thinking caps on to deal with the homework and assignments. It includes their efficiency to think for themselves.
What is taking corrective action?
Taking corrective action is something that a manager does when, at the end of the strategic application, he or she chooses to correct or make changes in the initial strategy. This is usually done when the manager feels that the strategy hasn’t lived up to the firm’s expectations financially. This corrective action taking is something that enables the manager to correct his mistakes and make changes in what he or she feels led to the fall in living up to the expectations.
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Why is it important?
It is extremely important because corrective action taking will give the firm a chance to rectify the mistakes it apparently made, in its strategies. This will further enhance the future prospects of the firm which were otherwise in ruins because of the blunders the earlier decision makings led to. Corrective action serves as an eraser in the page of the firm’s history. It gives out the idea that it is okay to make mistakes even in Business and that chances for retribution is given to all.
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Problems pertaining to corrective action
Students face a lot of problems pertaining to corrective action. Some of them are:
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