Labour Shortages and Surplus Marketing Research Assignment

ECON 3201 Quiz #2                           

Units # 6 & 7 – Labour Shortage/Labour Surplus

Answer the questions in the spaces provided (point form acceptable)  

Labour Shortages Questions:

Answer the questions in the spaces provided below.  

1. 1.    Identify the four main staffing strategies that an HR organization can use to manage its labour shortages?  (4 marks)

1. 2.    Explain what is meant by the term “labour shortage & provide 2 factors that may cause/affect a labour shortage?  (4 marks)

1. 3.    There are many different alternatives to work arrangements in the world today.   Identify and explain 3 of these. (6 marks)

1. 4.    Explain these three terms contingent worker/workforce, contractor, crowd-sourcing. (6 marks)

Labour Surplus Questions:

Answer the questions in the spaces provided below.  

1. 5.    Explain what is meant by the term “labour surplus & provide 2 factors that may cause/affect a labour surplus?  (4 marks)

1. 6.    Identify the four staffing strategies that an HR organization can use to manage its labour surplus?  (4 marks)

1. 7.    Explain these three terms constructive dismissal, wage/benefit concessions, severance pay.  (6 marks)

1. 8.    Identify and explain 3 challenges HR might face when dealing with Labour Surpluses (6 marks)