GK
BUSINESS 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: -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. This occurs when all major decision making is maintained within a small group of managers operating close to the head of the business.
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