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In your paper,Discuss how performance appraisals are a function of HR and management.Analyze the basic components of an effective performance appraisal.Explain how performance appraisals can contribute to organizational goals and objectives.Explain the advantages of performance appraisals and how they contribute to effective training and development.Explain potential forms of discrimination based on labor laws and regulations when conducting a performance appraisal.The Performance Appraisal paperMust be two to three double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlinedMust include a separate title page with the following:Title of paperStudent’s nameCourse name and numberInstructor’s nameDate submittedMust include an introduction and conclusion paragraph.Must use at least two scholarly, peer-reviewed, or credible sources in addition to the course text.Must include a separate references page that is formatted according to APA style as outlined