Potential solutions, when labour supply exceeds labour demand, include all of the following except
A)downsizing through attrition.
B)employee layoffs.
C)termination of employment.
D)instituting a hiring freeze.
E)subcontracting.

Question

Quizplus · Accepted Answer

Subcontracting involves hiring external contractors to perform tasks or projects instead of using internal employees. This solution does not address the issue of excess labour supply since it involves utilizing external resources rather than adjusting internal staffing levels. The other options (A, B, C, and D) all involve decreasing the number of employees to align with the lower demand for labour.

Potential Solutions, When Labour Supply Exceeds Labour Demand, Include All