Question

The scientific approach to management emerged in the early 20th century when companies wished to increase worker productivity to counteract _____. high inflation rates more automated jobs labor shortages diminishing inventory levels Confidence Level

Answer 1

Answer:

The answer is labor shortages.

Explanation:

A labor shortage can be defined as a condition related to the economy in which employers consider that there are not the necessary qualified candidates or employees who can be in charge of the different demands concerning the marketplace.

This situation is usually considered by economists as "an insufficiency in the labor force." Wage levels are considered a factor to measure a labor shortage. However, that factor is not usually related to the way through which people perceive things.