Flexible Workforce (Quick Revision) Flashcards

1
Q

Define: Flexible Workforce

A

A flexible workforce is a workforce that is able to respond to the changing demands of the organisation.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

State three problems of employing a temporary workforce.

A
  • May lack commitment
  • Career development may not be available as an incentive
  • May have to recruit regularly
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

A firm has four employees working half a week and eight employees working a quarter of a week.

How many full-time equivalent employees does it have?

A

(4 X 1/2) + (8 X 1/4) = 4

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

State one possible benefit of a flexible workforce.

A

Greater competitiveness- can respond more easily to changes in demand.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What is meant by subcontracting? State one benefit.

A

Employing other firms to complete part of the work; can employ specialists and use them as and when needed.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What is the Examiner’s note on a Flexible Workforce?

A

Without a flexible workforce, firms may be employing more staff than are needed given the level of demand. This generates unnecessary costs.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

What is the Evaluation point on a Flexible Workforce?

A

A flexible workforce is especially important as part of a lean approach to production, which tried to match output to demand and avoid an excess.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly