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:

Opportunity Cost

The cost of the next best alternative foregone as a result of making a decision.

Incremental Revenue

Additional income generated from a new sale, project, or strategy, over and above existing revenue streams.

Incremental Costs

Costs that change as a result of a new decision or alternative action, also known as marginal costs.

Incremental Costs

Incremental costs are the additional costs incurred when a business increases its level of operations or production.