Turnover - SS2 Commerce Past Questions and Answers - page 1
What is turnover in business?
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The number of employees hired by a business
The total amount of money generated by a business during a specific period.
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The total expenses incurred by a business.
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How does capital investment relate to turnover?
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Higher capital investment always leads to higher turnover.
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Capital investment has no impact on turnover.
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Capital investment can positively influence turnover if utilized effectively.
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Which of the following factors can affect turnover?
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Market demand
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Employee salaries
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Office location
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What role does customer satisfaction play in turnover?
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Customer satisfaction has no impact on turnover.
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Satisfied customers are more likely to make repeat purchases, leading to higher turnover.
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Dissatisfied customers contribute to higher turnover.
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How can marketing and advertising strategies influence turnover?
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Marketing and advertising have no effect on turnover.
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Effective marketing and advertising can attract more customers and increase turnover.
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Marketing and advertising only impact the company's reputation, not turnover.
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Name one factor that can affect turnover in a business.
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Explain the relationship between capital investment and turnover.
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