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Flashcards - Management in Marketing

Flashcards - Management in Marketing
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performance management systems
Performance management includes activities which ensure that goals are consistently being met in an effective and efficient manner
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performance management systems
Performance management includes activities which ensure that goals are consistently being met in an effective and efficient manner
productivity
Productivity is an average measure of the efficiency of production
production efficiency
Productive efficiency is a situation in which the economy could not produce any more of one good without sacrificing production of another good

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