QUESTION
Nationâs Federal Bank has had a high rate of employee turnover in the past years that has led to a high level of customer dissatisfaction. If a defect is defined as âany employee who leaves the company in less than a year. The initial data analysis revealed that turnover was highest among the young employees (under 30). Some reasons suspected that the young employees might leave include: 1) Low pay scales; 2) Uncompetitive benefits;3) Lack of training; 4) Poor job satisfaction; 5) Stressful work environment; 6) Difficulty in hiring appropriate people; 7) Increase in competition for good employees; and 8) Lack of opportunities for advancement.a. Create an interrelationship diagraph to help them interpret the problem.b. Define how an interrelationship diagraph works and how it is to be interpreted.c. Interpret the diagraph. Which issues are the most relevant?
ANSWER:
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