________________ Is a Continuous Process of Identifying,measuring,and Developing the Performance

question 48

Multiple Choice

________________ is a continuous process of identifying,measuring,and developing the performance of individuals and teams and aligning performance with the strategic goals of the organization.

• A)Strategic planning
• B)Performance management
• C)Reward system
• D)Performance appraisal

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Definitions:

Face Value

The nominal or dollar value printed on a security or a bond, representing its legal value.

Instalment Payment

A method of payment whereby the total cost of a purchase is divided into smaller amounts, to be paid over a specified period of time.

Loan

Borrowed money that is expected to be paid back with interest over a set period of time.

Non-Current Liability

Long-term financial obligations listed on a company's balance sheet, not due within one year.