The Turnover for a Security Position at the Local Department

question 51

Multiple Choice

The turnover for a security position at the local department store was high,and the department managers were beginning to complain to Gina,the store manager.There was no lack of applications,and the pay was comparable to other stores,yet those who took the position stayed no longer than a week.Exit interviews revealed that employees felt the job's responsibilities were not what they expected.Which of the following would you suggest Gina do to reduce the turnover?

• A) Accept more applications by reducing the standards
• B) Insist that each applicant takes a drug test within 48 hours of applying
• C) Show a video about the responsibilities of the job
• D) Check references
• E) Ask if they have plans to stay at the job during the interview

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Definitions:

Consumer Surplus

The difference between the total amount consumers are willing to pay for a good or service and the total amount they actually pay.

Marginal Revenue Function

A mathematical formula that shows the additional revenue generated by selling one more unit of a good or service.

High Definition Television

Television systems that have a higher resolution than standard-definition television, offering viewers more detailed and clearer images.

Mixed Bundling

Mixed bundling is a marketing strategy where a company offers products both as bundles and individually, allowing customers the flexibility to choose based on their preferences or needs.