Financial or budgetary impact

Reference no: EM13730318

Nearly every problem or issue confronting an organization has a financial or budgetary impact. For instance, staff turnover has not only a direct cost on recruitment expenses, training costs, and productivity, but also an indirect cost related to the loss of organizational learning.

1. Detail the financial implications to the organization related to your problem or issue, including the additional costs that may arise if the problem or issue is not resolved effectively.

Please cite one source using in-text citation

Reference no: EM13730318

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