Final answer:
The practices designed to maximize the performance and satisfaction levels of a firm's employees are developed in the implementation and learning phase of the employment cycle.
Step-by-step explanation:
The practices designed to maximize the performance and satisfaction levels of a firm's employees are developed in the implementation and learning phase of the employment cycle.
During this phase, the organization puts into action the strategies and programs that have been designed to improve employee performance and satisfaction. This may include training programs, performance appraisals, and employee development initiatives.
By focusing on developing and supporting their employees, organizations can create a positive work environment that fosters productivity and job satisfaction.