Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Planning

Question:
'Rate of labour turnover' is a factor affecting which of the following question?
Options:
How to procure personnel?
How many people are required?
What kind of people are required?
All of these
Correct Answer:
How many people are required?
Explanation:
How many people are required?
This question deals with the quantity of personnel the enterprise needs. The number of people required for various positions throughout the enterprise gets affected by:
a) The total work to be done. b) How much work can an average person do in a specified period of time. c) Level of absenteeism expected. d) Rate of labour turnover. e) The present number of employees. f) The future plans for expansion and diversification.