Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Employee turnover in the hospitality industry averages 400% annually. This means that, on average, 100% of the staff of a restaurant, hotel, airline, cruise ship, etc. is replaced four (4) times per year.

There has been extensive research on employee turnover and employee job satisfaction. Using the Internet or the Strayer Library, select one (1) hospitality industry type such as fast-food restaurants, luxury hotels, specialty hotels, or any other type of hospitality interest and identify the main problems associated with that industry and employee turnover. Suggest ways and methods to address the high turnover rate.

Write a five to six page paper in which you:

1. Describe the type of hospitality industry and its main categories of employees.

2. Summarize three primary reasons that turnover is so high in this industry.

3. Recommend one method to address each of the three (3) primary reasons that turnover is so high in this industry.

4. Recommend one method to improve job satisfaction in general for this industry.

5. Use at least two quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91263868
  • Price:- $60

Guranteed 36 Hours Delivery, In Price:- $60

Have any Question?


Related Questions in Microeconomics

Question explain these questionsa compare the marginal

Question: Explain these questions a. Compare the Marginal Revenue Curve for a firm in the PC-market with the Marginal Revenue Curve for the monopolist. b. Explain in your own words why a company that creates a negative e ...

Question give two real life examples of how economics can

Question: Give two real life examples of how economics can be used to improve decision-making with original examples not found in the textbook. Explain how following the three step approach can be used 1. Who is making b ...

Question suppose you want to put a dollar value on the

Question: Suppose you want to put a dollar value on the external costs of carbon emissions from a power plant. What information or data would you obtain to measure the external [not social] cost? The response must be typ ...

Question during the great recession like any other economic

Question: During the Great Recession, like any other economic downturns, as unemployment rises, aggregate income declines causing a major decline in tax collections. On the other hand, with the rise in unemployment, spen ...

Question explain why the net export effect of a contrac-

Question: Explain why the net export effect of a contrac- tionary monetary policy reinforces the usual impact that monetary policy has on equilibrium real GDP per year in the short run. The response must be typed, single ...

Question you are a leading business executive for the

Question: You are a leading business executive for the following type of company: (A) Pharmaceutical manufacturer, (B) Airline, (C) Computer disc drives, (D) Mortgage broker, (E) Management consultant, (F) Department sto ...

Question in early 1975 the government distributed 8 billion

Question: In early 1975, the government distributed $8 billion in one-time tax rebates to try to move the economy out of its most severe post-WWII recession. What impact do you think this had on consumption and saving? I ...

Question 1 explain modern-sector enrichment and its effect

Question: 1) Explain modern-sector enrichment and its effect on inequality 2) Explain the traditional sector enrichment and its effect on inequality. 3) Explain the difference between the size distribution of income and ...

Question during a particular year a corporation has 121

Question: During a particular year a corporation has 12.1 million in revenue, 2.2 million of operating expenses, and depreciation expenses of 4.1 million. Using the corporate federal tax rates provided, what is the appro ...

Question please do not send any pictures just text which

Question: Please do not send any pictures, just text which can be copied and modified. Write a short essay of about 750 words on the following topic: How does Mancur Olson explain differences in economic performance of n ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As