List the Conditions That Contribute to the Formation of a High-Performance

question 45

Essay

List the conditions that contribute to the formation of a high-performance work system.

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Definitions:

Contract Validity

The legal enforceability of a contract, requiring it to meet certain established criteria like mutual consent, consideration, and legality of purpose.

Geographical Restriction

Limitations placed upon the area or region in which a business can operate or where products and services can be sold.

Restraint of Trade

Legal agreements or policies that restrict or limit competition or the freedom to conduct business in a certain market.

Enforceability

The ability of a legal document or agreement to be upheld or compelled in a court of law.