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seraphim [82]
3 years ago
9

Why does shortage equals excess demand is bad for businesses

English
2 answers:
tia_tia [17]3 years ago
8 0
Labor shortages may delay and drive up the cost of product development.
Sphinxa [80]3 years ago
4 0

Answer:

Labor shortages may delay and drive up the cost of product development. A company may not be able to respond to a competitor's product launch if it does not have the right talent. Management can try to bridge these talent gaps using training programs or forming partnerships with other companies.

Explanation:

Labor shortages may delay and drive up the cost of product development. A company may not be able to respond to a competitor's product launch if it does not have the right talent. Management can try to bridge these talent gaps using training programs or forming partnerships with other companies.

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