An Example of a Workplace Factor That Could Lead to Turnover

question 26

Multiple Choice

An example of a workplace factor that could lead to turnover is

• A) a booming economy with many job opportunities.
• B) a worker's limited ability to cope with the job demands.
• C) job-hopping tendencies of the worker.
• D) lack of emotional support from the supervisor.

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Definitions:

Carrying Costs

Expenses associated with holding or maintaining an asset over time, such as storage, insurance, and taxes for physical goods.

Reorder Point

The level of inventory which triggers an action to replenish that particular inventory stock.

Inventory Order

The process of ordering additional products or materials to replenish stock levels in anticipation of demand or to maintain inventory at desired levels.

Economic Order Point

The ideal quantity of inventory a company should order to minimize costs, including holding and shortage costs.