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Compute Probabilities Using the General Multiplication Rule
-Given events A and B with probabilities P(A) = 0.5, P(B) = 0.4, and P(A and B) = 0.2, are A and B independent
Employee Development
The continuous effort to improve employee skills and competencies through training and career opportunities, enhancing both individual and organizational performance.
Salary Determination
Refers to the process by which the compensation levels for job positions within an organization are set, based on factors like market rates, experience, skills, and organizational budgets.
Multisource Feedback
A performance evaluation method that utilizes the viewpoints of multiple stakeholders, including peers, subordinates, and superiors.
Performance Ratings
The evaluation of an employee's work performance over a certain period of time.
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