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question 38

True/False

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Define performance measures and their significance in evaluating employee performance.

Identify strategies for addressing poor performance that hold employees accountable while offering opportunities for improvement.

Recognize and understand potential biases in performance evaluation and their impact.

Understand the concept of Net Present Value (NPV) and its application in evaluating investment projects.

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Definitions:

Counselling Role

The responsibility dedicated to offering guidance, support, and advice to help individuals navigate personal or professional challenges.

Manager

A professional responsible for planning, directing, and overseeing the operations and employees within a section of an organization.

Management Development

A systematic process of training and growth designed to enhance the skills and competencies of managers in an organization.

Leadership Skills

encompass the abilities and competencies that enable an individual to inspire, influence, and guide others.