ECONOMICS (CBSE/UGC NET)

ECONOMICS

TECHNOLOGY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Economic freedom means an employer can hire and fire whoever they want.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -A manager had conveyed that they hire people in order to meet the goals and fire them later just to protect the rest of the team. This practice is informally been called as hire to fire.

Detailed explanation-2: -Hire and Fire at Will labour policies are those that allow firms to lay off workers whenever they deem so or whenever the market conditions are bad without seeking permission from the government.

Detailed explanation-3: -An employer is a person, company, or organization that employs people-pays them for work. The people who are paid to work are called employees. Employers provide employment.

There is 1 question to complete.