To Maximise the Value of a Firm,managers Must Pursue Strategies

question 23

Multiple Choice

To maximise the value of a firm,managers must pursue strategies that increase the ______f the enterprise and its rate of ______growth over time.

• A)value;successful
• B)viability;productivity
• C)profitability;profit
• D)gains;product

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Definitions:

Involuntary Turnover

The termination of employees from their jobs due to reasons not initiated by the employees themselves, such as layoffs or dismissals.

Voluntary Turnover

The situation where employees choose to leave their jobs, initiated by the employee rather than the employer.

Interactional justice

Refers to the perceived fairness of the interpersonal treatment people receive from managers or employers during organizational decision-making processes.

Employee Turnover

The rate at which employees leave a company and are replaced by new employees.