What is the goal of an exit interview? How can international businesses benefit from conducting exit interviews?

What will be an ideal response?

An exit interview is an interview with an employee who is leaving a firm. Its purpose is to find out as much as possible about why the person decided to leave. Given the distances involved in international business, however, firms may be reluctant to do exit interviews. Yet the potential value of the information gleaned is high: Managers can use it to reduce future employee losses. Thus, firms should give careful consideration to using such interviews as part of their strategy for reducing turnover.