Why Should a Company Analyze Its Turnover Rate

question 33

Multiple Choice

Why should a company analyze its turnover rate?

• A)A low turnover rate shows that a company is not running as efficiently as it could be,and some employees should be let go.
• B)A low turnover rate indicates that the company is too generous with employees or is not requiring enough of them.
• C)A high turnover rate indicates that the company has an underdeveloped or unnecessary product,and it should spend more money on research and development.
• D)A high turnover rate costs a company money in hiring processes and training,so analyzing the rate allows companies to fix problems to save money.
• E)A high turnover rate highlights problems with the chain of command,and a company should consider flattening the organization.

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Definitions:

Protective Factors

Aspects of a person's environment and personal characteristics that help to reduce their risk for developing a disease or injury.

Type 2 Diabetes

A chronic condition characterized by high blood sugar levels due to the body's inability to effectively use insulin.

Cognitive Behavioral

A psychological approach that addresses dysfunctional emotions, behaviors, and cognitions through a goal-oriented, systematic process.

Emotion-focused

A therapeutic approach aimed at helping individuals manage and cope with difficult emotions rather than attempting to directly change them.