Question

Flexibility/Flexiblization

	a.	Describes the ability of contemporary corporations to respond to market changes quickly by hiring more regular employees instead of using subcontractors
	b.	Describes the ability of contemporary corporations to respond to market changes quickly by bribing the president
	c.	Describes the ability of contemporary corporations to respond to market changes quickly by using subcontractors instead of hiring more regular employees.
	d.	Describes the ability of contemporary corporations to respond to market changes quickly by bribing union bosses

Answer 1

Ans - c. Describes the ability of contemporary corporations to respond to market changes quickly by using subcontractors instead of hiring more regular employees.

Flexibilization refers to the changing work practices by which firms no longer use internal labour markets or implicitly promise employees lifetime job security, but instead seek flexible employment relations that permit them to increase or diminish their workforce and reassign and redeploy employees with ease.