Asked by
Yoarlineth Mendez
on Dec 08, 2024Verified
Which of the following statements is true of downsizing?
A) It is an effective method to increase the management layers in an organization.
B) It is an effective strategy to adopt when a small business is growing.
C) It reduces work tasks in order to make a firm more flexible.
D) It reduces the innovativeness of a firm.
E) It is a useful method to gain employee trust and loyalty.
Downsizing
The process of reducing the size of a company's workforce to improve its efficiency and reduce costs, often leading to layoffs.
- Describe the concept and implications of organizational downsizing.
Verified Answer
MJ
Learning Objectives
- Describe the concept and implications of organizational downsizing.
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