FACTORS AFFECTING ATTRITION AND STRATEGIES OF RETENTION Why Do People leave Jobs? There are various factors that affect an individual’s decision to leave a job. While an employee’s leaving the job is considered attrition by one organization‚ it is looked at as talent acquisition by the new organization and to the individual it means a career move‚ economic growth and enhanced quality of life/convenience or closeness to family etc. Hence‚ what is a problem for one may be an opportunity for another
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Q.1) Explain How Macro Environmental Factor Affect International Business Product With An Example. There are many factors in the macro-environment that will affect the decisions of the managers of any organization. Tax changes‚ new laws‚ trade barriers‚ demographic change and government policy changes are all examples of macro change. To help analyze these factors managers can categories them using the PESTEL model. This classification distinguishes between: Political factors: These refer to
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EXTERNAL FACTORS: Environment The environment is the world in which the organization operates‚ and includes conditions that influence the organization such as economic‚ social-cultural‚ legal-political‚ technological‚ and natural environment conditions. Environments are often described as either stable or dynamic. ➢ Stable environment • customers’ desires are well understood • remains consistent for a relatively long time • Examples of organizations that face relatively
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Question 2 The two dimensions or environmental segments that played a big role in determining whether Tanzania’s macro-environment would provide a suitable and supportive entry for South African Breweries are namely the Political or Legal Environment and the Economic Environment. Firstly‚ in general‚ any well organised and effectively functioning government‚ and country‚ would attract investment and business from outside. The political leaders of Tanzania are striven to enhance the current
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However the Hispanic population in Florida continues to grow. Not only are there more Cubans continuously migrating to the Florida‚ there have been an influx of Puerto Ricans‚ Mexicans also. These factors will continuously make Florida more and more diverse compared to the rest of the South and thus its politics will also be highly competitive into the future due to this. Not only does population‚ race and culture affect voting behaviors and political
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Business Continuity Planning‚ Backup‚ and Recovery An important strategy for organizations is to be prepared for any eventuality. A critical element in any security system is a business continuity plan‚ also known as a disaster recovery plan. Business continuity is the chain of events linking planning to protection and recovery. The purpose of the business continuity plan is to keep the business operating after a disaster occurs. The plan prepares for‚ reacts to‚ and recovers from events that
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Social and economic factors can influence and impact on an individual’s state of health vastly. Each aspect effects an individual in various different ways producing negative and positive outcomes‚ more commonly referred to as health detriments (Brooker and Waugh‚ 2007). Health detriments are described as being varied‚ multiple and interlinked‚ Dahlgren and Whitehead (1991) further expanded that the health detriments are considered to be on a five level multifactorial model. The model illustrates
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Factors affecting the rate of catalase activity The extent at which environmental factors affect the rate of catalase activity was discovered in this lab. The assay system‚ in which a filter paper disc was dipped into the enzyme and submerged using a stirring rod in a test tube filled with 20mL of hydrogen peroxide‚ was used to test several enzyme factors. As the saturation of hydrogen peroxide increased the rate of reaction increased as well. When the enzyme concentration increased the rate
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profitability over the long term. It is an important way of business to develop customer loyalty that in turn builds repeat business through customer retention. Generally speaking‚ there are three different levels of customer satisfaction: Dissatisfied customers who are seeking for another supplier; satisfied customers who will buy from the company in the future and loyal customers who will remain so despite competitive offers. Unless a business organization develops a base of satisfied customers‚ it
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Factors affecting motivation in public organizations Project Report Factors affecting motivation in public organizations Project Report Motivation in Public Organisations _________________________________________________________________________________ Abstract Motivation is known as important as other factors for achieving the organisational goals. The high motivation led the employees to the extreme commitment with the organisation goals. Similarly high employee motivation leads to greater employee
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