If the region or country where a company is located is experiencing a labor shortage, what should the company's management do?
A)downsize the staff
B)rightsize the staff
C)increase training budgets
D)decrease remedial budgets
E)suspend the recruitment process

Question

Quizplus · Accepted Answer

In the case of a labor shortage, the company's management should focus on retaining its current employees and ensuring their skills are relevant to the current market. Increasing training budgets can help employees upskill, making them more productive and valuable to the company. This approach can also help attract new talent who are interested in joining an organization that invests in its employees' growth and development. Downgrading staff, stop the recruitment process, etc., can result in losing valuable employees and stunting growth opportunities.

If the Region or Country Where a Company Is Located