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What are the causes of labour turnover?
Causes of Labour Turnover:
1. Voluntary withdrawals through the worker
2. Lay-offs because of seasonal nature of industry, fuel, raw material and shortage of power.
3. Discharges because of undesirable activities of the workers, insubordination or they being determined unsuitable for the job.
4. Retirement. and
5. Death.
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Boeing has 3 strategies they pursue as a business - devise 4 to 5 tactics you would put in place to support for each strategy - five tactical bullets points per strategy. 1.
FIXED COST=40000, VARIABLE COST=20 PER UNIT, SELLING PRICE=100 PER UNIT. TURNOVER REQUIRED FOR A PROFIT OF RS.30000
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