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"In this era of global competition, many organizations have to improve their performance in order to stay in the world of business. Thus, they have decided to introduce Performance Management System in order to cope with the rapid change in the business environment"
(a) From the above scenario, describe the importance of Performance Management System for managers of organizations.
(b) Briefly explain the elements of Performance Management process.
(c) Describe how managers will deal with the underperformers in an organization.
(d) What are the limitations of performance Appraisal?
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