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Managers who use performance appraisals in which they judge or estimate the employee's performance level and rank employees on a scale are called
Financial Plans
Documents that outline an individual's or organization's present financial situation and long-term monetary goals, along with strategies to achieve those goals.
SMART Model
Is an approach to determining effective organisational objectives that requires that they be Specific, Measurable, Actionable, Reasonable, and Timetabled.
Objectives
Specific, measurable goals that an individual or organization aims to achieve.
Timetabled
Scheduled or planned in a structured timetable, indicating when certain events, activities, or actions are to occur.
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