To install StudyMoose App tap and then “Add to Home Screen”
Retention refers to the ability of an organization to retain its employees or customers. In the context of employees, retention is the act of keeping an employee in their job and preventing them from leaving. This is important for organizations as it helps them to maintain a stable and skilled workforce, reduce recruitment costs and increase productivity. In the context of customers, retention refers to the ability of a company to keep its customers coming back and purchasing its products or services repeatedly. This is important for companies as it leads to increased revenue, customer loyalty and positive word-of-mouth advertising. Overall, retention is essential for the success of an organization as it helps to establish and maintain a positive reputation, reduce costs and increase profits.
Save to my list
Remove from my list
Save to my list
Remove from my list
Save to my list
Remove from my list
Save to my list
Remove from my list
Save to my list
Remove from my list
Save to my list
Remove from my list
Save to my list
Remove from my list
Save to my list
Remove from my list
Save to my list
Remove from my list
Save to my list
Remove from my list
Save to my list
Remove from my list
Save to my list
Remove from my list
👋 Hi! I’m your smart assistant Amy!
Don’t know where to start? Type your requirements and I’ll connect you to an academic expert within 3 minutes.
get help with your assignment