Swanz, a cosmetics manufacturing company, plans to stay in the cosmetics business and become the market leader in the cosmetics industry. However, the company is facing natural attrition and hence directs the human resource department (HR) to develop ways to reduce the turnover rate. The department decides to provide training to the company's current employees to increase their skills so that they become more valuable to the organization. In the given scenario, the HR department wants to implement a

In the given scenario, the HR department wants to implement a stability strategy.

Explanation:

A stability strategy corresponds to a business policy in which the business avoids advancement spending, in other terms it applies to a circumstance in which the corporation does not enter new industries or launch new goods. Such strategy is implemented by the organization for reasons relating to:

administrative jobs normally have someone answering phone calls and scheduling appointments, filing patient or customer information, making sure the front of the office looks nice to those who enter the building. administrative jobs can also include making sure the manager has everything they need for meetings, making delivers and much more. administrative jobs are important to most businesses as are customer service focused as they are often one of the first impressions a consumer sees of a business.