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 _________.

Question

Quizplus · Accepted Answer

Retraining existing employees can help fill the labor shortage by providing them with the necessary skills for the new products being developed. This can also lead to increased job satisfaction and retention rates, reducing turnover in the long-term. Overtime and temporary workers may only provide short-term solutions, while turnover reduction alone may not address the need for skilled workers.

The Acme Global Corporation Forecasts That It Will Have a Labor