How would you adapt your business to the labor shortage

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Reference no: EM133948544

Assignment:

It's called the Great Resignation. The COVID-19 pandemic caused many American workers to reevaluate their priorities, resulting in more than 25 million people quitting their jobs in the first seven months of this year. Businesses of all sizes are feeling the effects of the labor shortage, but the problem is particularly acute for small businesses that can't easily match the pay increases being offered by larger employers.

1. Beyond pay increases, how are small businesses trying to attract workers in this tight labor market? Provide at least one example, based on research, and include a link to your source(s).

2. Assume you've tried several strategies to attract workers to your cafe, but you're still short-staffed. How would you adapt your business (e.g., marketing, operations, etc.) to the labor shortage? For example, you might consider adjusting your hours of operation. Be creative!

Reference no: EM133948544

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