It Is Important to Not Consider an Organization's Compensation and Reward

question 159

True/False

It is important to not consider an organization's compensation and reward system when designing its performance evaluation system.

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Definitions:

Lapses

Occurrences where something becomes invalid because a condition has not been met or time has expired, often used in insurance for policy expirations.

Default

The failure to fulfill a legal obligation, especially the failure to pay back a loan on time or to appear in court when required.

U.S. Department of Education

A Cabinet-level department of the United States government that oversees federal education policy and administers federal assistance to schools and students.

Repay

The act of paying back money that was borrowed.