Georgina owns a widget manufacturing company that employs 120 people.As a result of the Canadian dollar being at par with the American dollar,she has been unable to competitively bid on a number of American contracts,which has adversely affected her gross sales.Consequently,she is considering the concept of nonstandard work for any new employees.What does this shift to nonstandard work represent from a business perspective?
A) functional or internal flexibility
B) numerical or external flexibility
C) downsizing the organization
D) right-sizing the organization

Question

Quizplus · Accepted Answer

Nonstandard work refers to employment arrangements that deviate from the traditional model of full-time permanent positions, such as part-time, temporary, or contract work. This shift represents numerical or external flexibility, which allows a company to adjust its workforce size and composition in response to fluctuating demand or changes in the business environment. Option A, functional or internal flexibility, refers to the ability of existing employees to perform a variety of tasks or roles within the organization. Options C and D, downsizing or right-sizing the organization, involve reducing the overall size or structure of the company, which is not necessarily the case in this situation.

Georgina Owns a Widget Manufacturing Company That Employs 120 People