Final answer:
A corrective action process is integral to quality management in business, targeting the identification, analysis, and rectification of errors to prevent them from happening again, akin to the negative feedback mechanism.
Step-by-step explanation:
The system being described is known as a corrective action process. This process is pivotal in quality management and business operations, aiming to identify, analyze, and rectify mistakes to prevent their recurrence. In implementation, it involves a thorough investigation to answer key questions: what happened, why it happened, and what changes or improvements can be made to avoid future mistakes. This aligns closely with the concept of negative feedback, which is a mechanism of responding to a divergence from a desired outcome or equilibrium by initiating actions to correct the course.