The correct answer is Employees benefit from feedback that occurs so often they know what will be said in their annual review.
Explanation:
A good performance management system works to improve the overall execution of the organization by managing compliance of its teams and individuals. In this way, ensure that the ambitions and general objectives of the organization are met. An effective performance management system can play a crucial role in the overall management of an organization for the following reasons:
Ensure that employees understand the importance of their contribution to the overall ambitions and objectives of the organization.
Ensure that each employee understands what is expected of him, as well as determining whether employees possess the skills and support required to meet such expectations.
Ensure adequate alignment or link objectives and facilitate effective communication throughout the organization.
Facilitate a cordial and harmonious relationship between the employee and the line manager based on trust and empowerment.
This answer is FALSE - FUN FACT - Liquidity of money refers to the ease with which the owner of an asset can convert it into cash it is easier to convert common stocks into cash rather than attempt to raise cash from sale or mortgage of real estate assets
