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Retention Refers to the Way in Which the Major Attributes

question 95

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Retention refers to the way in which the major attributes that influence the employee relationship with the firm can be blended and moulded to suit the individual needs of the employee.


Definitions:

Trading Security

A financial instrument that is bought and sold for the purpose of generating profits on short-term fluctuations in price.

Available-for-sale Security

A debt or equity security not classified as a held-to-maturity or trading security, which can be sold in the short term for capital gains.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue.

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities.

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