The ways in which organizations use the system to provide information for day-to-day decisions about salary, benefits, and recognition programs falls under the purpose of a performance management system.
a. structuredb. developmentalc. strategicd. administrative
e. deciding

C

Explanation:

Performance management strategy goal or purpose is to provide a system through which better results can be obtained from the organization, teams, and individuals by having an understanding of how to manage performance within an agreed framework of planned goals, standards, and competence requirements.

It also aims aims at building a high performance environment for both the individuals and the teams so that they jointly take the responsibility of improving the business systems on a continuous basis and at the same time upgrading their own skills within a leadership framework. Its purpose is to enable goal clarity to makeď people do the right things in the right time. The main objective of a performance management system is to achieve the capacity of the employees to the full potential in favor of both the employee and the organization, by making a clear distinction of roles, responsibilities and accountabilities, required competencies and the expected behavior

month 1 start amount =$3287.90 interest=(3287.90x0.0145/12)3.97 total to pay=$3291.81 paid =$1200 balance =$2,091.87

month 2 starting amount= $2,091.87 interest =$25.28 total to pay =$2117.15 paid =$1200 balance $917.15

month 3 starting amount =$917.15 interest =$11.08 total to pay =$928.23 paid =$928.23 balance =$0 total to pay 1200+1200+928.23 = $3328.23 it will take 3 months to pay a total of $3328.23