A High Rate of Employee Turnover Indicates That ________

question 172

Multiple Choice

A high rate of employee turnover indicates that ________.

• A) employees of the organization leave their jobs frequently
• B) pay packages of employees are at par with that of the industry
• C) the employee retention ratio is also high
• D) employees also participate in the decision-making process

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Definitions:

International Gold Standard

A monetary system in which the value of a country's currency is directly linked to a specified amount of gold, facilitating international trade and investment by establishing exchange rates based on gold parity.

Exchange Rates

The value of one currency for the purpose of conversion to another.

British Pounds

The official currency of the United Kingdom, known as GBP (Great Britain Pound).

Flexible Exchange Rates

A system where the value of a currency is allowed to fluctuate according to the foreign exchange market without direct interference by the country's government.