Performance
description
Transcript of Performance
The accomplishment of a given task measured against preset known standards of accuracy, completeness, cost, and speed. In a contract, performance is deemed to be the fulfillment of an obligation, in a manner that releases the performer from all liabilities under the contract.
Read more: http://www.businessdictionary.com/definition/performance.html#ixzz32TQGv9YEUse performance in a sentenceAnnual or bi-annual reviews of performance can help employees confirm that they are on the right track for career development and are completing their work productively and efficiently.Performance analysis
Read more: http://www.businessdictionary.com/definition/performance.html#ixzz32TQq4hUO1. Finance: Examination of various financial performance indicators (such as return on assets and return on equity) in comparison with the results achieved by the competing firms of about the same size.2. Human resource management: Examination of the performance of current employees to determine if training can help reduce performance problems such as low output, uneven quality, excessive waste. See also activity analysis, job analysis, and task analysis.
Read more: http://www.businessdictionary.com/definition/performance-analysis.html#ixzz32TSJIpJ4