ENTREPRENEURIAL OPERATIONS
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A low labour turnover rate may indicate stable business but can be bad for a business because this stability can lead to complacency and lack of progress.
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Manufacturing is NOT an external factor since manufacturing is referred as an internal factor as it belongs within the complete control of the organization.
Detailed explanation-2: -Keeping Employees Safe and Happy With proper HR management, workplace policies keep up with necessary protective measures and implementation and provide solutions to issues between team members, avoiding risk for the company and its employees.
Detailed explanation-3: -Human resource planning, however, allows organizations to minimize the money they spend on these areas, thus reducing costs overall and leading to more efficient operations.
There is 1 question to complete.