Which of the Following Is an Advantage of Using a Contingent

question 62

Multiple Choice

Which of the following is an advantage of using a contingent workforce?

• A) Committed employees
• B) No training needed
• C) Lower cost
• D) Wider span of control

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Definitions:

Quarterly and Annual Report

Quarterly and Annual Reports are financial statements and performance reports that companies publish at the end of each fiscal quarter and year, respectively, providing stakeholders with a detailed overview of financial health and operational status.

Communications Goals

Objectives set as part of a communications strategy that define what the strategy aims to achieve, such as increasing brand awareness or improving public perception.

Publicly Traded Company

A corporation whose ownership is dispensed in shares that are publicly traded on stock exchanges or in over-the-counter markets.

Business Strategy

A comprehensive plan that outlines how a business intends to achieve its goals and improve its competitive position in the market.