Each of the Following Are Recommended Guidelines for a Successful

question 11

Multiple Choice

Each of the following are recommended guidelines for a successful employee retention program except:

• A) provide a clear career path.
• B) hire mostly "go-getters".
• C) ask for employee satisfaction data once a year.
• D) offer time-off to employees who have put in long hours for an extended period of time.

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Definitions:

Operating Leverage

Operating leverage is a measure of how revenue growth translates into growth in operating income, highlighting the scalability of a company’s business model.

Variable Costs

Expenses that vary in relation to the amount of output or business operations.

Fixed Costs

Business expenses that remain constant, regardless of the level of production or sales activity.

Break-even Sales

The amount of revenue from sales that equals the total of variable and fixed costs, with no profit or loss.