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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.
Please answer this question.
Performance means capacity or efficiency of employees to complete the tasks, responsibilities and accountabilities in terms of agreed output.
I always define Performance to Employees and Business Managers as "OUTCOME". We are hired & expected to perform better and all are actions and deeds comes in form of "RESULT/ OUTCOME"