While There Are Many Advantages to Working Remotely, There Are

question 45

Multiple Choice

While there are many advantages to working remotely, there are some potential problems. For example, once work has been successfully performed remotely, a company may find economic reasons to let go of workers and choose to _______ the work abroad.

• A) Outplace
• B) Offshore
• C) Automate
• D) Recruit
• E) Isolate

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Definitions:

Marginal Cost

The expenditure associated with creating another single unit of a product or service.

Average Variable Cost

The total variable costs of production divided by the quantity of output produced, illustrating the per-unit variable cost.

Total Cost

The sum of all expenses incurred in the production of goods or services, including fixed and variable costs.

Labor Productivity

Total output divided by the quantity of labor employed to produce it; the average product of labor or output per hour of work.