Final answer:
Performance Management involves aligning employee objectives and behaviors with firm's goals and strategies, assessing employee past and current behaviors, and providing suggestions for improvement.
Step-by-step explanation:
The type of management that involves aligning employee objectives and behaviors with a firm's goals and strategies, assessing employee past and current behaviors, and providing suggestions for improvement is Performance Management. Performance management focuses on evaluating and improving employee performance to ensure the organization's objectives are met. It includes activities such as setting clear performance expectations, conducting performance evaluations, providing feedback, and implementing performance improvement plans.