Asked by
Alejandra Lopez
on Dec 06, 2024
Verified
Identify the similarity between the outsourcing and overtime strategies for avoiding a labor shortage.
A) Both strategies yield slow results.
B) Both strategies have high revocability.
C) Both strategies are expensive to implement.
D) Both strategies involve contracting with another organization to perform a broad set of services.
E) Both strategies can be used for reducing labor surplus.
Outsourcing
The practice of delegating certain tasks or functions to external parties or contractors instead of handling them in-house.
Revocability
The capability or the right to withdraw or cancel something, such as privileges, decisions, or policies, often within a legal or contractual context.
- Master the ways to address both an abundance and a scarcity of labor.
- Assess the influence of outsourcing and the use of temporary employment on the operational effectiveness of firms and the allegiance of their workforce.
Verified Answer
IS
Learning Objectives
- Master the ways to address both an abundance and a scarcity of labor.
- Assess the influence of outsourcing and the use of temporary employment on the operational effectiveness of firms and the allegiance of their workforce.