Assume the global economy rebounds rapidly from the Great Recession. What constraint is this likely to have on decisions managers make?
A) The number of qualified candidates available for hire will become smaller.
B) Managers will be asked to eliminate positions to cut labor costs.
C) The hourly compensation average will have to fall; managers will be asked to offer less to job candidates.
D) Positions will be easier to fill as college graduates settle for lower paying jobs.

Question

Quizplus · Accepted Answer

If the global economy rebounds rapidly, it is likely that the job market will become increasingly competitive, with fewer qualified candidates available for hire. This means that managers may need to offer more attractive compensation or perks to attract top talent.

Assume the Global Economy Rebounds Rapidly from the Great Recession