Goers Technologies Is Working on the Development of a New

question 2

Multiple Choice

Goers Technologies is working on the development of a new tourism-based mobile application. It wants to recruit new people as the task is vast, and it requires plenty of knowledgeable and technically sound people. However, although the company searched extensively, the people with the right set of expertise could not be found. In this scenario, the human resource department of Goers Technologies is facing a(n) _____.

• A) skills shortage
• B) assets withdrawal
• C) business deficiency H. training shortfall

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Definitions:

Profit-Sharing

A company policy of distributing a portion of its profits to its employees, often based on their performance or as part of their compensation.

Stock Options

Financial derivatives that give the holder the right, but not the obligation, to buy or sell a stock at an agreed-upon price within a certain timeframe.

Incentive System

An incentive system is a business tool that uses rewards and penalties to motivate employees to achieve specific objectives and improve performance.

Employment Stability

The assurance of consistent work and income for employees, contributing to job satisfaction and loyalty.