A Benefit Given to Employees That Involves Working Remotely and Connecting

question 27

Multiple Choice

A benefit given to employees that involves working remotely and connecting to the office via phone lines, fax machines, or broadband networks is known as _____.

• A)flextime scheduling
• B)telecommuting
• C)job sharing
• D)contingency scheduling

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Definitions:

Long Run

A period of time during which all factors of production and costs are variable, in contrast to the short run where some are fixed.

Market Supply

The total amount of a product or service that is available to consumers, determined by the sum of all individual suppliers' outputs in the market.

Decreasing-cost Industry

An industry that experiences lower production costs as the industry output expands, often due to economies of scale.

Relevant Inputs

Factors or resources that directly impact the production process or decision-making in a specific context.