Ernie, a Manager at a Large Decoration Store, Is Expecting

question 12

Multiple Choice

Ernie, a manager at a large decoration store, is expecting increased sales during the upcoming holiday season. He knows that his current workforce will not be able to meet demand, putting him at risk of a labor shortage. Which strategy would be the best option to help Ernie avoid a labor shortage?

• A) Ernie should hire new employees because he will most likely need additional workers after the holiday season to deal with an increasing sales trend.
• B) Ernie should increase his current employees' pay during the holiday season so they will work harder to achieve sales targets.
• C) Ernie should keep his store closed during non-peak hours to compensate for labor shortages. This will ensure his current employees work harder during peak hours.
• D) Ernie should hire temporary employees because he can let them go once the holiday season is over.
• E) Ernie should consider increasing the prices of toys so he can make higher profits with fewer sales, thereby reducing the number of customers and consequently solving the labor shortage issue.

Understand molecular techniques for studying gene function, such as reverse transcription.

Understand the ecological roles and impacts of viruses on human health.

Comprehend the characteristics of double-stranded DNA viruses.

Analyze spectroscopy data to understand the light absorption properties of microorganisms.

---

Definitions:

Profit Maximization

The method used by a company to establish the price and quantity of production that generates the maximum profit.

Lowest Output

The minimum amount of goods or services produced by an entity under given conditions.

Shut Down

A short-term decision by a firm to cease operations because current operation is not covering variable costs.

Firm

An organization that produces goods or provides services, usually with the aim of making a profit.