What Is the Difference Between Performance Management and Performance Appraisal

question 36

Essay

What is the difference between performance management and performance appraisal? What is the relationship between the performance management and performance appraisal?

Understand the implications of economizing behavior and marginal changes.

Recognize the value of information in making economic decisions.

Analyze the effects of policies and costs on economic decisions.

Understand the concept of marginal benefits and marginal costs in decision-making.

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Definitions:

Civil Service Reform Act

Legislation intended to improve and regulate the civil service of the United States by promoting merit-based appointment and ensuring job security for civil servants.

Office of Personnel Management (OPM)

A U.S. federal agency that manages the civil service of the federal government, overseeing human resources policy, personnel management, and health insurance policies for federal employees.

Political Appointees

Individuals who are appointed to certain government positions as a result of their political affiliation or support, rather than through a merit-based system.

Interstate Commerce Commission (ICC)

A former independent agency of the U.S. government, established to regulate the railroad industry and later expanded to oversee other modes of transportation.