BUISENESS MANAGEMENT
BUSINESS STRUCTURE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Temporary contracts are only issued on a part-time basis
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An employee is always guaranteed work into the long term future
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Temporary contracts reduce business flexibility
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An employee is only guaranteed work for a set period of time
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Temporary contracts can be issued on a full or part-time basis
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Detailed explanation-1: -Temporary Full-Time Employee means an employee who is employed on a full‐time basis of forty (40) hours per week, for a definite and limited period of time (which may be extended or cut short by circumstances which could not be foreseen at the time of hiring). Sample 1.
Detailed explanation-2: -A part-time worker can be employed either on a permanent or on a temporary basis. If permanent, they have a regular schedule and work indefinitely. In contrast, a temporary worker does not have a regular schedule and only works for a specified amount of time.
Detailed explanation-3: -Unlike temporary workers who are paid an hourly rate, true contract workers (independent contractors)are self-employed and should be paid a flat amount by a company for the completion of a specific project or pre-determined deliverable.
Detailed explanation-4: -Temp jobs and fixed-term contracts both offer short-term employment, but fixed-term is more likely to be used when an employer knows they need a candidate for a defined length of time. It will usually be between about 3 months and 1 year.