To Increase Flexibility,avoid Layoffs,and Reduce Labor Costs,corporations Are Using More

question 92

True/False

To increase flexibility,avoid layoffs,and reduce labor costs,corporations are using more contingent workers.

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Definitions:

Cost

The amount of money required to purchase, produce, or maintain something, often considered in business and financial contexts.

Markup Percent

The percentage increase on the cost price of goods to arrive at the selling price.

Selling Price

The amount of money for which a product or service is sold to customers.

Markup Percent

The percentage added to the cost price of goods to cover overhead and profit.