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