performance

  

Definition

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.

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Why Uneffective CEOs Retain Jobs Longer than Subordinates

The supreme irony of business management is that it is far easier for an inadequate CEO to keep his job than it is for an inadequate subordinate. A CEO who doesn't perform is frequently carried indefi ... Read more

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