Business Research paper

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Describe the four key elements of a good performance appraisal.
A formal structure through which directors review the performance of the workers they administer is referred to an employee performance appraisal. The four major elements of a good performance appraisal include objectivity, connecting of assessment to expectations, forward-looking, and consistent (Kokemulle).
Many factors can lead to a company failing.  Discuss the external conditions that can occur that would hinder the success of a company.
The external conditions that can take place are as follows:
• Finance: The solvency of financial institutions and big banks and the Wall Street may influence the capability to carry on doing business. Interest rates and the accessibility of customer and credit debts are external elements that can be controlled.
• Economy: Fluctuations in market relied on terrorist attacks, currency devaluation and wars, politics affect the most business enterprises.
• Climate: Hurricanes, storms, wildfires, and tornadoes are the external conditions that influence the businesses. The extensive climate events mostly convey a considerable adverse influence on a variety of industries.
• Substructure: The residence expansion, zoning rules, and highway construction are specifically vital to trade formations, builders, hotels and other businesses that depend on a site for achievement. Transformation in the dom…