3. The cost associated with promoting from within are much lower than those associated with hiring from outside.True/False“There is no direct cost for promoting an employee within the firm.”
4. The cost to layoff an employee is what percent of the hiring cost for that level?
5. Productivity can be impacted by a drop in employee moral.
6. The firm has a formal grievance policy.
7. At the beginning of the simulation, the employees are covered by a fairly comprehensive health coverage plan.True/False