Discuss the importance of performance appraisals and briefly describe the common characteristics of an effective performance appraisal system

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10.3 Test your Knowledge (Question):
In your own words, define performance management system and briefly describe each of its components.
Define an effective reward system from your point of view and discuss its impact on the organization.
Discuss the importance of performance appraisals and briefly describe the common characteristics of an effective performance appraisal system.

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