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The process of observing and evaluating an employee's performance, recording the assessment, and providing feedback to the employee is referred to as:
Social Insurance Program
A government program designed to provide protection against unpredictable financial distress.
Financial Distress
A condition where a company or individual cannot meet or has difficulty meeting financial obligations, leading to potential bankruptcy or restructuring.
Means-Tested Programs
are government assistance programs intended for individuals or families whose incomes and assets fall below specified thresholds.
Temporary Assistance
Short-term aid or support provided by governments or organizations to individuals facing financial hardship or disasters.
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