Examlex
Mountainburg Corporation keeps careful track of the time required to fill orders.The times recorded for a particular order appear below:
The manufacturing cycle time was:
Performance Appraisal
An evaluation of an employee's job performance against pre-established criteria.
Departmental Stores
Large retail establishments that offer a wide variety of goods and services divided into departments for efficient shopping and organization.
Forced Distribution
A performance management system where employees are ranked in groups and a certain percentage must fall into each group.
Merit Pay
A pay system where employees are given bonuses or pay increases based on their performance, encouraging productivity and excellence.
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