When a company faces a shortage of employees in the workforce, and it predicts that current demand for products or services may not extend to the future, it will
A. try to garner more hours out of the existing labor force.
B. decrease the production rate by half to meet quality standards.
C. be willing to hire part-time employees.
D. lease out its machinery to other factories, thereby maintaining income.
E. recruit and train new employees.
Answer: A
You might also like to view...
Secondary data refers to:
A) information collected for a purpose other than the study's original purpose B) information gathered specifically to serve the research objectives at hand C) information that is relatively easy to access D) information gathered by those whose primary job is marketing research E) data collected on primary product/service users
Variance analysis involves computing the difference between standard and actual costs
Indicate whether the statement is true or false
Self-control, clan control, and standing plans are measured in what control frequency?
a. periodic b. occasional c. constant d. each is a different control frequency
Conceptual skills involve ________.
A. managing employees who use tools to produce the organization's products B. communicating with customers C. thinking about abstract and complex situations D. inspiring enthusiasm and trust among employees