Please Define the Following Key Terms

question 55

Short Answer

Please define the following key terms.
-chakravartin

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Definitions:

Contract Employees

Outside workers who are hired by a firm to perform specific predetermined tasks for a company and who are paid by the job.

Permanent Employees

Individuals employed on an ongoing basis, typically with full-time hours and benefits.

Full-Time

Employment status where individuals work the full number of hours defined as standard by their employer, typically around 35 to 40 hours a week.

Not-Invented-Here Problem

A form of bias where individuals or organizations favor internally developed products or ideas over those originating externally.