When Organizations Rely on Contingent Workers,they Need to Be Careful

question 174

Multiple Choice

When organizations rely on contingent workers,they need to be careful of all EXCEPT which of the following?

• A) They manage the flexibility carefully.
• B) They understand advantages and disadvantages of contingent workers.
• C) They document the real cost of contingent workers.
• D) They integrate contingent workers into their overall strategy.
• E) They pay above-average wage-level.

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Definitions:

Equilibrium Quantity

The quantity of goods or services supplied is equal to the quantity demanded at the market price.

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, leading to a balance in the market.

Consumer Preference

The inclination of consumers toward certain products or services over others based on their characteristics, such as taste, quality, and price.

Equilibrium

An equilibrium in the market where demand matches supply, thereby stabilizing prices.