Which of the following is TRUE of a contingent worker?
they have no explicit or implicit contract for long-term employment
they are guaranteed a minimum wage of $25.00 per hour
they have permanent, year-round employment
they have full benefits with insurance and retirement
Contingent work doesn't offer any advantages.
True
False
A producer buys an assortment of products to sell to customers and must also buy display equipment, computers, and cleaning supplies used to operate the business.
True
False
________________ carry out activies that are consumed by its customers. They do NOT offer products for sale. Ex: dentists, lawyers, and doctors
Intermediaries
Service businesses
Manufacturers
Wholesalers and retailers are examples of a(n) __________.