What Were the Political, Social, Economic, And/or Cultural Consequences of This

question 104

Essay

What were the political, social, economic, and/or cultural consequences of this item: passage of the 2009 stimulus package, the expansion of TARP, and the bailout of GM & Chrysler?
Instructions:
-Identify each item. Give an explanation or description of the item. Answer the questions who, what, where, and when.
-Explain the historical significance of each item. Establish the historical context in which the item exists. Establish the item as the result of or as the cause of other factors existing in the society under study.

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Definitions:

Efficiency;Effectiveness

Efficiency refers to accomplishing something with the least waste of time and effort; effectiveness is about achieving the intended or desired result.

Management By Objectives

A management strategy where employees and managers collaborate to set, understand, and achieve specific objectives within an organization.

Performance Management

A systematic process by an organization to improve employee performance through objectives, feedback, and coaching.

Goal Commitment

The determination and attachment an individual has towards achieving a specific target or objective.