Performance Management Can Serve as an Effective HR Control Mechanism

question 43

True/False

Performance management can serve as an effective HR control mechanism for implementing MNC strategy and carrying out important objectives despite significant physical distance and cultural barriers.

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Definitions:

Executory Conditions

Provisions in a contract that require certain actions to be performed before an obligation becomes absolute.

Concurrent Conditions

In a contract, terms under which each party’s performance is conditioned on the performance of the other; occur only when the parties are required to perform for each other simultaneously.

Express

Implies clear and direct communication or conveyance of an idea, intention, or item without any ambiguity.

Executory

A term applied to a contract in which not all of the terms have been fully performed.