Who is responsible for developing a firm's mission?

If you are trying to reduce turnover, what questions would you ask terminating employees? List at least five.

Zigmanuir [339]

Answer:

I would the following questions

Explanation:

1. Did the management appreciate your efforts in helping the company achieve its goals?

Employees will want to work where they feel accepted. If there work is not recognized, they feel that they don't belong in that company.

2. Did your superiors respect you as much as you respected them?

Respect is two-way traffic. If employees are ill-treated, they fell disrespected. Working in an environment with no respect becomes a challenge to may workers.

3. Were your skills fully utilized while working for the company?

Many employees appreciate challenges. A feeling of under-utilization will lead many to seek opportunities where they can grow.

4. Does the company offer each employee an equal opportunity to grow and develop their career?

Discrimination kills morale in employees. If perceptions of favoritism exist in a company, the unlucky workers will want to leave.

5. According to you, are the decision made by the top management in sync with the market trends?

Employees want to work in companies they believe have a bright future. They want their company to be competitive and a leader in the market. Many will quit if they believe the company is heading in the wrong direction.

6. Did you have a good working relationship with your line manager?

Line managers can make an employee like or hate working in a company. A sour relationship with the manager may cause an to employee quit.

3 0

3 years ago

An online movie streaming service charges $14.99 per month for its basic package. However, when a competitor introduced the same

marshall27 [118]

Answer:

The firm reduced its price to maintain its market share.

Explanation:

An online streaming service is providing its basic package at the price of $14.99.

A competitor of the firm offers the same service at $13.99.

The firm in the reaction will also reduce its price to $13.99.

We know that the consumers always prefer the cheaper substitute, so if the competitor was providing the service at a lower price, it was most likely that the consumers will purchase from the competitor.

This would have led to a decline in the demand and thus the market share of the firm. So in order to maintain its market share. The firm reduced its price at the same level as its competitor.

7 0

3 years ago

Assume that the risk-free rate is 8 percent, the required rate of return on the market (or an average-risk stock) is 13 percent,

LenKa [72]

Answer:

22.7 %

Explanation:

We can solve two of the problems using Capital Asset Pricing Model (CAPM) which is as follows:

Ra= Rf + (Rm-Rf)*B

Where,

Ra= Rate of return on stock

Rm= Rate of return on market

Rf= Risk Free rate

B= Beta coefficient of stock

Now we can move for your problem

Prob1) Ra= .15, Rf= .08, Rm= .13, B= ?

.15=.08+(.13-.08)B

Therefore, beta Coefficient = 1.4

Prob2: Ra= ?, Rf= .04, Rm= .15, B=1.7

= .04+(.15-.04)*1.7

Therefore, Ra=0.227 = 22.7 %

4 0

3 years ago

What happens to each company’s net income if sales increase by 30%?

vodka [1.7K]

Increased Contribution Margin = $40,000 x 70%, or 28,000.
New ad campaign costs $22,000, so the net Income increase will be the difference, $6,000

5 0

3 years ago

Internet recruiting can limit the fairness in hiring because: a. individuals from lower socioeconomic groups mostly have limited

Kaylis [27]

Answer:

D. Excludes retirees who are interested in seeking new employment opportunities

Explanation:

Internal recruitment is the process by which an organization fills a job vacancy by hiring someone from the existing workforce. It is a cheaper method, the firm is familiar with the employee, thus less risk and the employee is also familiar with the firm, hence no induction training required.

Since only those who are already working are the only ones who would be eligible under internal recruitment, retirees will not be a part of the pool of potential workers, even if they may be possessing better skills and experience.

3 0

4 years ago