Turnover Can Hurt an Organization Because It Results in the Loss

question 14

True/False

Turnover can hurt an organization because it results in the loss of the experience and knowledge that managers have gained about the company, industry, and business environment.

---

Definitions:

Recognize Errors

the ability to identify and acknowledge mistakes or inaccuracies in one's own work or reasoning.

Culture

The set of shared attitudes, values, goals, and practices that characterizes an institution, organization, or group.

Shared Ideas

Concepts or beliefs that are accepted and recognized within a community or group.

Generations

The successive groups of individuals born and living at the same time, often used to describe the differences in cultural norms and values between older and younger groups.