Last Year,Acme Global Hired 25 Petroleum Engineers

question 64

Multiple Choice

Last year,Acme Global hired 25 petroleum engineers.At the end of the year,20 were still working for the organization.The organization's ______ was 20%.

• A) new hire performance
• B) new hire retention
• C) yield ratio
• D) new hire turnover

Grasp the concept of emotional intelligence and its importance in effective workplace interactions.

Understand the concept and effects of leadership and followership in organizational contexts.

Recognize the role of norms such as reciprocity in social and organizational exchanges.

Comprehend the development and impact of implicit leadership and followership theories.

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Definitions:

Variable Cost

Outlays that move in tandem with the level of production or the scale of sales.

Fixed Costs

Expenses that do not change in proportion to the activities of a business, such as rent and salaries, within a certain period or level of production.

Cost Equation

A formula used to predict the total costs of production, based on fixed and variable costs, as a function of activity levels.

Contribution Margin

The selling price per unit minus the variable cost per unit, which helps determine how much sales contribute to covering fixed costs and generating profit.