The Acme Global Corporation Forecasts That It Will Have a Labor

question 51

Multiple Choice

The Acme Global Corporation forecasts that it will have a labor shortage in two years.Given the new products the organization is developing, there will not be enough skilled workers for Acme Global to hire.Acme Global's best method for dealing with its labor shortage would be _________.

• A)overtime
• B)temporary or contract workers
• C)retraining
• D)turnover reduction
• E)skill increases

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Definitions:

Rewards

Benefits, compensation, or recognition given in response to someone’s behavior, effort, or achievement as a means of encouragement.

Incentives

Rewards or motivators provided to encourage specific actions or behaviors in individuals or groups.

Potential Interferences

Possible disturbances or disruptions that could negatively affect the outcome of an action or process.

Expected Outcomes

Anticipated results or consequences of an action or series of actions.