Question

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

Answer 1

Flexibilization/Flexibility describes

" The ability of contemporary corporations to respond to market changes quickly by using subcontractors instead of regular employees". (C)

Some firms would rather hire flexible subcontractors instead of regular or internal employees, this helps them cut cost, they can also increase or decrease their workforce easily.

Flexibilization may undermine labor rights because these subcontractors don't have the same right as regular employees and job security is not assured.

Hence, Flexibilization basically means outsourcing jobs to sub contractors as a result of market changes rather than hire regular employees.

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