IGCSE, A Level Business Student Forum

[KN] Skilled labor is a scarce resource, and businesses may not always find enough qualified workers.
[APP] For example, a company may struggle to hire enough experienced programmers. Without them, it becomes harder to design new software features, fix technical bugs quickly, or keep up with customer demand for updates.
[AN] This affects the company because competition for scarce talent can increase wage costs. Projects may be delayed if there aren’t enough skilled workers, and overall business growth and competitiveness could suffer.

KN] scarcity of skilled labor means that a business cant find skilled labors
APP] for instance, a software compony like microsoft corp cant find skilled programmers
AN] this will lead to delay in projects due to which the customer wont be satisfied, moreover microsoft will have to offer higher wages to attract employees which will lead to diseconomies of scale. In the longer run it will give a light edge to microsoft competitors as the customer wont be loyal with microsoft anymore.

(kn) Scarcity of skilled workers means there are not enough suitable employees available to meet the company’s employment needs.
(app) For example, a software business can have trouble hiring skilled programmers or people specializing in cybersecurity.
(an) Project development may be slowed down, labor expenses may increase due to higher pay, and the company's ability to innovate or compete in the tech sector may decrease.

(KN) Skilled labour is a scarce resource, when there is unlimited wants yet limited resources to fulfill them.
(APP)For example, a small software company that makes mobile apps might struggle to find good computer programmers to help build its apps.
AN: due to shortage of labour it may lead to probs such as hving to offer high wages to attract skilled workers increasing its labour costs. it could face delays in software development projects leads to low customer satisfaction nd it might be forced to hire less experienced staff or outsource wor which could lower the quality or performance of the final product.

[KN] Skilled labour is a scarce resource which means there are not enough trained workers to meet business demand.
[APP] For example, a software company like KeepTruckin may find it difficult to hire enough programmers to develop its products.
[AN] This could force the business to increase wages so they can employ more workers which could delay or stop their projects due to fewer workers, and eventually lose competitiveness in the market.

[KN] Scarcity of skilled worker means that the business cannot find specialized employee it needs for the business
[APP] For example PUBGs update has few programmers so it will put burden on the programmers as they will have to work for longer hours
[AN] Hence this will cause a delay in the release date making the people unhappy and destroying the company's image

(KN)
Scarcity of skilled workers means there are not enough trained people to do important jobs.
(APP)
For a software company, this could mean not finding enough good programmers or designers to make apps.
(AN)
This can slow down projects, increase costs if they have to pay higher salaries and maybe lose customers to other companies.

Scarcity of skilled workers affects a software company because skilled labour is limited. For example, a company like KeepTruckin may struggle to hire enough programmers to meet demand. This can increase wage costs or delay important projects, reducing competitiveness.

Scarcity of skilled workers affects a software company because skilled labour is limited. For example, a company like KeepTruckin may struggle to hire enough programmers to meet demand. This can increase wage costs or delay important projects, reducing competitiveness.

KN: Scarcity of skilled workers raises hiring costs and can slow project delivery at a software company.

APP for e.g.. a firm may delay a new app feature because no qualified developers are available locally.

AN This delays projects in that firm. Shortage forces higher wages or outsourcing, raising costs and harming competitive speed of innovation.

KN]Scarcity of skilled workers means there are not enough qualified people to fill jobs that require special knowledge or training.
[APP] eg, a game company may delay releasing its new game because there aren’t enough trained programmers to complete it.
[AN] This can slow down the companys progress and reduce profits, as it cannot meet customer demand or take on new projects until more skilled workers are hired.

[KN] Scarcity of skilled workers affects a business because skilled labour is a limited resource that not all companies can easily obtain.
[APP] For example, a software company like KeepTruckin may find it difficult to hire enough qualified programmers to develop new products.
[AN] This could lead to higher wage costs to attract talent or delays in completing projects, reducing the company’s efficiency and competitiveness.

kn] they have to hire unskilled to survive in market
app] for exp to live in market and maintain their business operations
an] so the quality and service will decrease customer will complain about your service leading to customer dissatisfaction and less sales in future to survive in market