MANAGEMENT

BUISENESS MANAGEMENT

BUSINESS STRUCTURE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which two of the following are benefits to a business of using flexible contracts? (There are two answers.)
A
Communication within the business may be improved as theemployee is available on a permanent basis
B
They provide the business with access to specialist skills without having to employ someone permanently
C
The person does not have to be guaranteed work after the job for which they were hired ends
D
Motivation levels will be higher compared to those employed on a permanent contract
E
Recruitment and selection costs will always be lower
Explanation: 

Detailed explanation-1: -Simply put, flexible work arrangements are alternate arrangements or schedules from the traditional working day and week. Employees may choose a different work schedule to meet personal or family needs. Alternatively, employers may initiate various schedules to meet their customer needs.

Detailed explanation-2: -Improved work culture By allowing employees to have a better work-life balance, you’re encouraging them to become happier and more fulfilled in their personal lives, as well as having them hold their work in much higher regard. An increase in employee happiness, engagement, and morale means more productive employees.

Detailed explanation-3: -A flexible workforce enables companies to function agilely. Companies which are looking to diminish operation costs or are facing high levels of absence due to sickness can maintain high standards and achieve targets even with a small number of employees with increased productivity and effectiveness.

There is 1 question to complete.