When an Employee Chooses to Leave the Organization, It Is

question 67

Multiple Choice

When an employee chooses to leave the organization, it is termed as _____.

• A) retaliation
• B) arbitration
• C) resignation
• D) mediation
• E) retention

---

Definitions:

Payments

The act of transferring money or its equivalent in exchange for goods, services, or to fulfill a legal obligation.

Fixed Costs

Costs that do not vary with the level of output or sales, such as rent, salaries, and insurance.

Variable Costs

Expenses that vary directly with the level of production or output, including costs such as raw materials and labor directly involved in manufacturing.

Price Changes

Alterations in the cost of goods or services over time, which can be influenced by factors such as supply and demand.