Write a problem statement for the above topic.
Example: In the United States, the voluntary turnover rate in the fast food industry is 50%
(Perez & Mirabella, 2013). Voluntary employee turnover accounts for an estimated 30%-
50% of the cost of labor for these entry level positions (Hancock et al., 2013). The
general business problem is that voluntary employee turnover has a negative impact on
the profitability of fast-food restaurants. The specific problem is that some fast-food
restaurant managers lack strategies to improve employee retention.
Reference must not be more than five years from today. That is, it should be between (2014-2019).
Sample Solution
