Business Studies, asked by platformforwriters, 4 months ago

classes of contractors are based on
a) age
b)education
c) experience
d) technical capability and financial status​

Answers

Answered by netammeranetam
1

d) technical capability and financial statu

Answered by ayush7652051895sl
0

Answer:

Classes of contractors are based on technical capability and financial status.

Explanation:

  • Contractors are experts who lend their knowledge or expertise to businesses for a predetermined time.
  • They could have a specific number of hours, a set period of time, or the entire term of a project under contract.
  • Contractors have two options for working for themselves: they either operate their own limited company or operate as solo proprietors.
  • You have a great chance to take charge of your career through contracting, and for some people, it will be the best choice they ever make.
  • Don't allow yourself be fooled into believing the grass is always greener on the contracting side because quitting a permanent position is risky.
  • An example of an independent contractor is an auto mechanic who has a station licence, a resale licence, purchases the parts required for the repairs, sets his or her own prices, collects from the customer, determines his or her own hours and days of work, and owns or rents the shop from a third party.

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