Asked by Apiwe Xozwa on Jun 10, 2024
Verified
The gig economy can be described as one in which workers are hired for projects and are not employed full time.
Gig Economy
A labor market characterized by the prevalence of short-term contracts or freelance work as opposed to permanent jobs.
Full Time
Employment status involving a commitment to work a standard number of hours per week, typically seen as 35-40 hours in various jurisdictions.
- Grasp the concept and impact of the gig economy on HRM.
Verified Answer
SQ
sdeeq qadanJun 13, 2024
Final Answer :
True
Explanation :
The statement correctly describes the gig economy as a system in which individuals are hired on a temporary or project basis, rather than being employed in a traditional full-time job.
Learning Objectives
- Grasp the concept and impact of the gig economy on HRM.