Examlex
All of the following are purposes of the performance appraisal except:
Output
The total amount of goods or services produced by a firm, an industry, or an economy, often measured within a specific time period.
Production Function
An equation or graph that indicates the maximum output that a firm can produce with a given set of inputs, such as labor and capital, under current technology.
Production Function
A mathematical relationship expressing the maximum output that can be produced from a given set of inputs.
Commodity
An elementary good in the business sector that can be interchanged with others of a like kind.
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