Examlex
One of the primary strengths of results appraisals is that they encourage employees to focus on long-term performance indicators.
Effectiveness-oriented Metric
A measure used to evaluate how well a process or activity reaches its intended outcome or goal.
Customer Satisfaction
The measure of how products or services supplied by a company meet or surpass customer expectations.
Operating Cost
Expenses associated with the day-to-day operations of a business, including salaries, utilities, and rent.
Purchase Order
A formal document issued by a buyer to a seller, detailing the products, quantities, and agreed prices for products or services.
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