Which of the Following Statements Is Accurate About Voluntary Turnover

question 62

Multiple Choice

Which of the following statements is accurate about voluntary turnover?

• A)It is initiated by the employer.
• B)It involves employees an organization would like to discharge.
• C)It typically involves legal aspects that have repercussions for the organization.
• D)It gives the employee no choice in deciding his or her stay in the organization.
• E)It can lead to the loss of highly valued employees to competitors.

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Definitions:

Assets and Liabilities

The items a company owns (assets) and the debts it owes (liabilities), fundamental components of a company's financial health.

Tender Offer

An offer to purchase made by one company directly to the shareholders of another (target) company; often referred to as a “takeover bid.”

Target Company's Management

The executive and senior officers responsible for operating and making strategic decisions for a company that is being considered for acquisition or merger.

Merger

The combining of two or more entities into one, through either the acquisition of one by another or the consolidation of both into a new entity.