Collin Ryan owns an electronics firm in central Michigan. As a result of some innovative...
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Collin Ryan owns an electronics firm in central Michigan. As a result of some innovative new products that his company plans to roll out over the next two to three years, he expects a substantial increase in sales. To gear up for the increase in sales, Collin needs to hire to new employees. What hazards does a company such as Collins run into when it needs to hire a large number of new employees quickly? What additional changes or impacts might a large increase in employees have on how Collin manages the company? What alternatives, if any, would Collin have to hiring a large number of new employees?
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