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Uncertainties from the development of new competing products are contingent liabilities.
Initiative
The ability to assess and initiate actions independently.
Performance Appraisals
The formal assessment of an employee's job performance, typically conducted on a regular basis, to inform decisions regarding promotions, pay raises, and development.
Circumstances
The conditions or facts affecting a situation or event, often outside of one's control.
Effective
Producing the intended or desired result in an efficient and successful manner.
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