Relevance implies that there are clear links between the performance standards for a particular job and organizational objectives, and between the critical job elements identified through a job analysis and the dimensions to be rated on an appraisal form.
In management, relevance refers to how important an event is in the decision making processes. Relevant events must be meaningful and useful, e.g. if you want to evaluate job performance, you must pay more attention to the relevant tasks that follow the organization's objectives and standards. You must focus on the events and tasks that are critical for the job performance and analysis.
E.g. an employee is always arrives early to work but generally cannot complete his tasks, specially the more complex ones. When you compare him/her to another employee that gets to work just on time, sometimes a little late, but is able to complete all his/her tasks and always performs efficiently. The relevant events here are who works more efficiently, not who gets to work earlier. Being late sometimes is a problem, but not being able to finish your work is a much bigger problem.
Answer:established reputation of a business regarded as a quantifiable asset and calculated as part of its value when it is sold.
Explanation:if Company A buys Company B for more than the fair value of Company B's assets and debts, the amount left over is listed on Company A's balance sheet as goodwill.
The term is SOCIAL ENGINEERING. Social engineering is the art of manipulating people into breaking information security procedures or to give away confidential information which they have at their disposal.<span />
