Identify Three Advantages Gained by Organizations That Use a Formal

question 69

Essay

Identify three advantages gained by organizations that use a formal performance appraisal system.

---

Definitions:

Marketing Mix

The set of controllable variables that a business uses to influence consumers' buying decisions, traditionally identified as product, price, place, and promotion.

Cool Mint Chocolate

A flavor profile combining the refreshing taste of mint with the rich, sweet taste of chocolate.

Sustenance

The provision of essentials needed for growth, maintenance, and support, often relating to nourishment or support of life and business activities.

Preferences

Individual or collective tastes or choices regarding products, services, or experiences, influenced by factors such as culture, personality, and socio-economic status.