______________________ Include All People That Work for an Organisation,but Not

question 97

Multiple Choice

______________________ include all people that work for an organisation,but not on a permanent or full-time basis.

• A) Part-time workers
• B) Contingent workers
• C) Casual workers
• D) Outsourced workers
• E) None of these choices.

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Definitions:

Profit-Maximizing

A strategy or process by which a business seeks to generate the highest possible profit from its operations, often by adjusting prices, output, or production methods.

Marginal Cost

The increase in cost resulting from the production of an extra unit of a product or service.

Markup

The difference between the cost of a product or service and its selling price, expressed as a percentage of the cost.

Marginal Cost

The additional total expense incurred from producing one more unit of a product or service.