The Difference Between Part-Time Work and Job Sharing Is That

question 71

Multiple Choice

The difference between part-time work and job sharing is that

• A) a firm saves money by hiring part-timers to do full-time work by classifying them as part-time, but if they classify two half-timers as job sharing, they must pay them more than they would a part-time employee.
• B) jobs that are classified as part-time are jobs that can be done in a shorter amount of time than that of a full-time job, whereas job sharing creates one full-time position out of two half-time employees.
• C) part-timers work individually―they simply come to work, do their jobs, and leave―whereas people in job-sharing positions work more on teams.
• D) part-time work requires people who have more skills than does job sharing, where one person can have certain skills, and the person he job shares with has skills he does not.
• E) people in job-sharing positions still receive benefits because they are essentially filling a full-time position, while part-timers do not receive benefits.

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Definitions:

Economic Competition

A condition in markets where businesses or sellers independently strive for consumer's dollars by offering the best possible terms, leading to efficient resource allocation.

Command Systems

Economic systems where the government controls key sectors of the economy, determining what goods are produced, their prices, and distribution.

Invisible Hand

A term coined by Adam Smith to describe the self-regulating nature of the marketplace, where individuals' pursuit of self-interest leads to the benefit of society at large.