As a manager, you are implementing a feedback control model to improve organizational performance. Which of the following scenarios best illustrates the correct application of the four steps of the feedback control model?

Group of answer choices

Setting strategic goals, establishing metrics and standards of performance, comparing actual performance to standards, and taking corrective action as needed.

Setting strategic goals, allowing employees to work independently without any performance metrics, comparing actual performance with industry benchmarks, and providing rewards based on personal discretion.

Taking corrective action first, setting strategic goals, establishing performance standards, and comparing actual performance after a year.

Establishing metrics and standards of performance, setting strategic goals, taking corrective action as needed, and then comparing actual performance to standards.