What is "flexi-time"?

The correct answer is Option (2) → Expansion of working hours by the management.

Option (2) Expansion of working hours by the management. — Correct. In the IT sector, extended working hours are legitimised by the common management practice of ‘flexi-time’. In theory it gives an employee freedom to choose his or her working hours within limits; in practice it means working as long as necessary to finish the task. An average work day runs to 10–12 hours.

Option (3) Coordinating time across multiple locations. — Incorrect. The time difference with clients abroad is a separate reason for the long hours, since conference calls fall in the Indian evening. Flexi-time is the practice that stretches the working day, not a way of matching clocks.