Examlex
Which of the following elements in a high-performance work system contributes to high performance by encouraging people to strive for objectives that support the organization's overall goals and includes the performance measures by which employees are judged?
Breach of Contract
The violation of any of the agreed-upon terms and conditions of a binding contract, which may result in legal action.
Chartered Banks
Chartered Banks are financial institutions that have been granted a charter or license by the government, allowing them to operate and offer a range of banking services, such as accepting deposits and making loans.
Secured Creditor
A creditor who has a claim on property of the debtor, giving him priority on that property over other creditors.
Guarantee
A formal promise or assurance, typically in writing, that certain conditions will be met or that a product will perform as stated.
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