Final answer:
Turnover rate is indeed higher in large firms because they hire many employees.
Step-by-step explanation:
Generally, the statement that turnover rate is higher in large firms because they hire many employees is True. Large firms tend to have a higher turnover rate due to various factors such as the size of the organization, the level of competition, and the availability of job opportunities. For example, large firms may have more job vacancies and positions to fill, leading to a higher turnover rate as employees move between different roles or leave the company for new opportunities.