Alicia Is an Assistant HR Manager for One of the Largest

question 88

Multiple Choice

Alicia is an assistant HR manager for one of the largest law firms in the state.She has been assigned to estimate and categorize the outflows from the law firm's ranks of paralegals.All of the following types of organizational turnover would be considered controllable turnover EXCEPT

• A) termination of paralegals for poor performance.
• B) layoff of surplus paralegals at a branch location.
• C) promotion of a paralegal to a management position.
• D) retirements of paralegals.

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Definitions:

Industry Supply Curve

A graphical representation that shows the relationship between the price of a good and the total output of the industry over a range of prices.

Economic Profits

The variance between the sum of earnings and the sum of expenditures, encompassing both direct and indirect costs.

Industry Supply Curve

A graphical representation that shows the relationship between the price of a good and the total output of that good by all firms in the industry.

Diminishing Returns

A principle stating that as one factor of production increases while others remain fixed, there will eventually be a decrease in the incremental output gained.