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“Henderson Printing” (in the Appendix) currently has no formal performance appraisal system

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“Henderson Printing” (in the Appendix) currently has no formal performance appraisal system. The CEO, Georgette Henderson, thinks that a performance appraisal system might be useful, and she has hired you to assess the company and recommend whether to implement one. She also wants to know whether she should link pay to the appraisals. She expects your report to include the pros and cons of each idea, along with a detailed justification for your recommendations.