The Purpose of Retention Systems Is to ________

question 27

Multiple Choice

The purpose of retention systems is to ________.

• A) attract qualified applicants to job openings in the organization
• B) establish a good person-job match
• C) manage the flow of employees out of the organization
• D) establish a good person-organization match

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Definitions:

Net Cash Inflows

The amount of cash that a company receives minus the cash it spends over a period.

Cash Payback Method

The cash payback method is a capital budgeting technique that calculates the time needed to recoup the cost of an investment based on its expected cash flows.

Period

A length of time during which a series of events or an action takes place or is completed.

Salvage Value

The estimated residual value of an asset at the end of its useful life, often used for depreciation calculations.