Podcast
Questions and Answers
Which type of businesses are more likely to be fine with high labour turnover?
Which type of businesses are more likely to be fine with high labour turnover?
- Businesses that require skilled or specialized labor
- Technology firms
- Engineering firms
- Fast food chains (correct)
What is the main reason why technology or engineering firms may prefer lower labour turnover?
What is the main reason why technology or engineering firms may prefer lower labour turnover?
- For better company image
- To reduce training and development costs (correct)
- To increase employee satisfaction
- To encourage competition
What is the main difference between voluntary dismissal and involuntary dismissal?
What is the main difference between voluntary dismissal and involuntary dismissal?
- Employer's choice only applies in voluntary dismissal (correct)
- Employee's choice only applies in involuntary dismissal
- The control over the decision lies with the employer in both cases
- Involuntary dismissal is always fair, while voluntary dismissal can be unfair
What is constructive dismissal?
What is constructive dismissal?
Why might businesses like fast food chains find it easier to replace workers who leave?
Why might businesses like fast food chains find it easier to replace workers who leave?
Why do technology or engineering firms prefer lower labour turnover compared to businesses like fast food chains?
Why do technology or engineering firms prefer lower labour turnover compared to businesses like fast food chains?
What is a key advantage of physical distribution channels according to the text?
What is a key advantage of physical distribution channels according to the text?
Which aspect is a disadvantage of physical distribution channels as mentioned in the text?
Which aspect is a disadvantage of physical distribution channels as mentioned in the text?
What is the primary characteristic of online marketplaces highlighted in the text?
What is the primary characteristic of online marketplaces highlighted in the text?
Which distribution channel is associated with selling products through social media platforms?
Which distribution channel is associated with selling products through social media platforms?
What is NOT mentioned as a disadvantage of physical distribution channels in the text?
What is NOT mentioned as a disadvantage of physical distribution channels in the text?
Which distribution channel allows for immediate gratification according to the text?
Which distribution channel allows for immediate gratification according to the text?
What is one major implication of high labour turnover on a company's recruitment costs?
What is one major implication of high labour turnover on a company's recruitment costs?
Why does high labour turnover lead to reduced productivity in a company?
Why does high labour turnover lead to reduced productivity in a company?
What is a likely consequence of high labour turnover on employee morale?
What is a likely consequence of high labour turnover on employee morale?
How can increased experience and knowledge benefit a company?
How can increased experience and knowledge benefit a company?
Why are employees who have been with a company for longer periods typically more productive?
Why are employees who have been with a company for longer periods typically more productive?
What can drive innovation and create new business opportunities for businesses?
What can drive innovation and create new business opportunities for businesses?
Which type of businesses are more comfortable with high labour turnover?
Which type of businesses are more comfortable with high labour turnover?
Which of the following is NOT a common sustainability measure for businesses mentioned in the text?
Which of the following is NOT a common sustainability measure for businesses mentioned in the text?
What is one way businesses can reduce costs by implementing sustainability measures?
What is one way businesses can reduce costs by implementing sustainability measures?
Which aspect of supply chain management involves the delivery of goods and services to customers?
Which aspect of supply chain management involves the delivery of goods and services to customers?
How can businesses benefit from green building design and construction?
How can businesses benefit from green building design and construction?
Why should businesses make sustainability a priority according to the text?
Why should businesses make sustainability a priority according to the text?
What is a characteristic of niche markets?
What is a characteristic of niche markets?
Why are niche products or services often priced higher?
Why are niche products or services often priced higher?
What is the primary goal of mass marketing?
What is the primary goal of mass marketing?
Which company exemplifies mass marketing in the text?
Which company exemplifies mass marketing in the text?
What is an advantage of mass marketing?
What is an advantage of mass marketing?
What is a disadvantage of mass marketing mentioned in the text?
What is a disadvantage of mass marketing mentioned in the text?