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:

Senior Leaders

High-ranking executives within an organization responsible for making significant decisions, setting strategic directions, and ensuring overall organizational success.

Australia

A country located in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands.

Mentoring

Assigns early-career employees as protégés to more senior ones.

Senior Person

An individual who holds a higher position or rank within an organization, often associated with greater experience or tenure.