Examlex
Porter's theory of national competitive advantage can best be described as a ________.
Incentive Plans
Programs designed by employers to motivate and reward employees for exceeding work performance goals.
Performance Standards
The established expectations, metrics, or benchmarks used to measure and assess an individual's or organization’s performance in specific areas.
Organizational Performance
The measurement of an organization's efficiency, effectiveness, and ability to meet its goals.
Lump-Sum Merit Raises
A one-time payment given to an employee as a reward for exceptional performance, instead of a regular salary increase.
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