As a Manager of a Chain of Auto Parts Stores

question 40

Multiple Choice

As a manager of a chain of auto parts stores, you have noticed a high turnover rate for newly hired employees. It seems that new employees quit, often within their first six months, because they say they feel disconnected from their coworkers and the rest of the organization. Which of the following actions would most likely help you reduce employee turnover?

• A)Make introverted employees attend a workshop to become more outgoing.
• B)Implement a plan for improving organizational socialization.
• C)Recruit and hire introverted personalities who won't mind feeling less connected.
• D)Ask resigning employees to name the specific people they didn't connect with.
• E)Warn job applicants that the organization has a reputation for being unfriendly.

Understand the principle of Capital Cost Allowance (CCA) and its application in depreciation.

Explain the concept of salvage value and its determination at the end of a project’s life.

Evaluate projects using incremental cash flow analysis.

Apply the concept of Equivalent Annual Cost (EAC) to compare mutually exclusive projects with different lives.

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Definitions:

Explicit Memories

Memories that can be consciously recalled, such as facts, knowledge, and experiences.

Consciously Recalled

The process by which an individual can intentionally bring past experiences or information back to mind.

Recognition

The cognitive process of identifying information that has been previously learned or experienced.

Retrieval Cues

Stimuli that help individuals recall information from memory. These cues can be internal thoughts or external environmental conditions.