Acme Global has a labor surplus.Specifically,it has too many workers in one type of job and too few in another.Its best method for dealing with its surplus would be ______.
A) downsizing
B) early retirement
C) retraining
D) natural attrition

Question

Quizplus · Accepted Answer

Retraining is the best method for dealing with a labor surplus that involves an imbalance of workers in different types of jobs. By providing training and skill development opportunities to workers in oversupplied jobs, they can be equipped with the skills to fill the vacancies in undersupplied jobs, thus balancing out the labor surplus. Downsizing and early retirement may be costly and lead to loss of valuable talent, while natural attrition may not address the specific skill requirements of the undersupplied job categories.

Acme Global Has a Labor Surplus