SELECT * FROM question_mgmt as q WHERE id=10666 AND status=1 SELECT id,question_no,question,chapter FROM question_mgmt as q WHERE courseId=9 AND subId=46 AND chapterId=330 and ex_no='1' AND status=1 ORDER BY CAST(question_no AS UNSIGNED) CBSE Free NCERT Solution of 10th social-science-understanding-economic-development Globalisation and the Indian Economy how would flexibility in labour laws help companie

Question:

How would flexibility in labour laws help companies?

Answer:

Flexibility in labour law helps companies to attract foreign investments. Instead of hiringworkers on a regular basis companies hire  workers flexibility for short periods when there is intense pressure of work. Company heads can negotiate wages and terminate the employees depending on market conditions. This will lead to an increase in the company’s competitiveness and reduce its labour cost.


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  • Answered by Ekta Mehta
  • 4 months ago

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