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.

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Definitions:

Call Option

A fiscal arrangement offering the buyer the freedom, yet not the compulsion, to buy various assets like stocks, bonds, or commodities at a fixed price before the expiration of a certain period.

Strike Price

The set price at which an option contract can be bought or sold when it is exercised.

Stock Price

Stock price is the cost of purchasing a share of a company, reflecting the market's valuation of the company at any given time.

Time Spread

An options strategy involving the purchase and sale of two options of the same type and strike price but with different expiration dates.