Examlex
The two general uses of performance appraisal,which are often in conflict,are
Resource
A resource is any physical or virtual entity of limited availability that needs to be consumed to obtain a benefit.
Productivity
The effectiveness in producing outcomes or results; can refer to the rate at which work is completed or the efficiency of resource use.
Output
The total amount of goods or services produced by a firm, industry, or economy within a specific period.
MRP Schedule
A document or plan that outlines the marginal revenue product of an input, showing how changes in quantity of the input affect revenue generated.
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