discuss how merit-based and parity-based performance management systems relate to overall HR and competitive strategy.

discuss how merit-based and parity-based performance management systems relate to overall HR and competitive strategy.
discuss the elements that support a human resource strategy that uses parity-based performance in an organization of your choice.
Please discuss parity-based performance affects the functional units of organizations: Production and operations, marketing and sales, finance and accounting and human resources.

Please discuss the purpose of monitoring and measuring performance and providing feedback to the decision-makers.
write in complete sentencein 200- 350 words

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