When Groups of Employees Accept a Temporary Reduction in Work

question 56

True/False

When groups of employees accept a temporary reduction in work hours in order to prevent layoffs, the employees are job sharing.

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Definitions:

Entrepreneurship

The process of designing, launching, and running a new business, typically starting as a small business, such as a startup.

Social Enterprise

organizations that operate commercially to address social problems, combining business practices with social objectives.

Philanthropic

Pertaining to the act of giving money, time, or effort to support a cause or mission that benefits society, often without financial or material return to the giver.

Commercial

Pertains to commerce or business activity in general; often used to describe advertisements on television or radio.