Suresh Quits His Nine-To-Five Job at a Multinational Company and Starts

question 121

Multiple Choice

Suresh quits his nine-to-five job at a multinational company and starts his own event management company. In his new company, he does not practice a nine-to-five work regime. Instead, he organizes meetings with clients by making appointments that favor his schedule. Which of the following advantages of entrepreneurship is highlighted in the given scenario?

• A) Greater challenge
• B) Survival
• C) Greater financial success
• D) Flexibility

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Definitions:

Open Shops

Workplaces where employees are not required to join or pay dues to a labor union as a condition of employment.

Agency Shops

A workplace where non-union members must pay union fees for collective bargaining and representation benefits.

Closed Shops

A workplace where only members of a union are hired and maintained, often established through labor union and employer agreements.

Union Shops

Workplaces where employees don't have to be union members to be hired, but must join the union within a certain period.