Examlex
National and geographic boundaries of world business are becoming increasingly more well-defined as global competition increases.
Goal Setting
The process of identifying something that one aims to achieve and establishing measurable objectives and timeframes to accomplish it.
Efficiency;Effectiveness
Efficiency refers to accomplishing something with the least waste of time and effort; effectiveness is about achieving the intended or desired result.
Management By Objectives
A management strategy where employees and managers collaborate to set, understand, and achieve specific objectives within an organization.
Performance Management
A systematic process by an organization to improve employee performance through objectives, feedback, and coaching.
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