Since Contingent Workers Are Already Specialists in a Particular Task

question 17

Multiple Choice

Since contingent workers are already specialists in a particular task, the hiring firm does not customarily incur which of the following?

• A)relocation expenses
• B)start-up costs
• C)training costs
• D)travel expenses

Understand the concept of keiretsu in supply chain management.

Evaluate strategies to reduce the "bullwhip" effect and improve supply chain efficiency.

Understand and explain the concept of simple and compound interest.

Describe the time value of money and its importance in finance.

---

Definitions:

Organizational Change

The process through which a company or any kind of organization changes its operational methods, strategies, structures, or culture to improve efficiency, effectiveness, or performance.

Managers

Individuals responsible for directing and overseeing the work of a group of people in an organization.

Teams

Groups of individuals working collaboratively towards a common goal or objective, leveraging diverse skills and perspectives.

Employees

Individuals who are hired by an organization to perform specific duties in exchange for compensation, forming the workforce of the company.