Write a 38 page essay on Performance Management For a Profit Organization.
This section summarizes the study or the convenience of the readers.
The first section of the study is the introductory part which includes a background of performance management and its external and internal factors. The external factors which affect performance management are share prices, environment of the market, competition, reputation, regulatory environment, etc. On the other hand the internal factors are the employees, management, labor unions, suppliers, etc. The performance management techniques and produces utilized by profit-making organization are effective or non-effective would be identified through the research that is done in this study. The critical review of the literature contradicted the stated problem of this research. The problem was that the current performance management procedure or practices are not effective. However, the critical review of literature has been put forward to prove the fact that the present performance management frameworks in profit-making organizations are proving to be effective.