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If goods A and B are perfect substitutes, then the marginal rate of substitution of good A for good B is constant.
Performance Management
The systematic process by which a company involves its employees in achieving organizational goals through planning, monitoring, and reviewing employee performance.
Feedback
Information provided regarding aspects of one's performance or behavior, intended to reinforce positives or identify areas for improvement.
Performance Goals
Specific, measurable objectives set for employees or teams to achieve within a timeframe as part of the performance management process.
Employee Relations
The management of the relationship between employers and employees, focusing on maintaining good working conditions, communication, and resolving conflicts.
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