INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Increased employee turnover
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Increased risk of poor job performance
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Decrease employee morale
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Decrease cost of selection
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Detailed explanation-1: -Getting the right employees on board ensures they grow with you, contributing to your overall success as a business and reducing the need to hire again and again for each new leadership position you may develop down the line.
Detailed explanation-2: -A fast and efficient recruitment process can reduce costs, enhance a company’s reputation both from a market and candidate perspective and ensure that the very best talent is identified, engaged and brought into the business.
Detailed explanation-3: -Obtaining solid first-hand job-related data on the particular duties associated with the job. Identification of risks associated with the job responsibilities. Identification of the skills and abilities required for an employee to perform the job well. More items