A Potential Solution When Labour Demand Exceeds Labour Supply Is

question 20

Multiple Choice

A potential solution when labour demand exceeds labour supply is

• A)finding employees alternative jobs within the organization.
• B)job sharing.
• C)hiring temporary workers.
• D)work sharing.
• E)any of the above

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Definitions:

Foreign Locations

Places situated outside the domestic or home country, often relating to business or travel.

Domestic Operations

Activities, processes, or operations that a business conducts within the country where it is based, as opposed to international or global operations.

Stakeholders

Individuals or groups that have an interest, investment, or impact on an organization’s actions and outcomes, including employees, customers, suppliers, and investors.

Task Environment

The immediate external factors including competitors, customers, and suppliers that directly impact an organization's operations and performance.