Examlex
Productivity is defined as the
Succession Planning
The strategy of identifying and developing internal personnel with the potential to fill key business leadership positions in the organization.
Replacement Planning
A part of succession planning focused on identifying and preparing suitable employees to replace key positions within an organization.
Managerial Positions
Roles within an organization that involve oversight, decision-making, and leadership responsibilities over teams or departments.
Transactional Contract
A formal agreement between parties that is focused on the exchange of goods or services without implying a deeper relationship or long-term commitment.
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