10 Questions
What is the term used to describe the process where a company makes changes to its system and policies to achieve its goals?
Organizational restructuring
Which factor involves third parties performing tasks to help in cost reduction for a company?
Outsourcing
What is the term used to describe merging or acquiring to form a new existing company?
Mergers & Acquisitions
Which factor involves removing employees from a company to reduce costs?
Employee downsizing
In the context of career changes, which factor might negatively impact job security for employees?
Employee downsizing
Outsourcing involves third parties performing tasks to increase costs for a company.
False
Organizational restructuring aims to maintain the existing system and policies of a company.
False
Mergers & Acquisitions involve two companies coming together to form a new existing company.
True
Downsizing is the process of hiring more employees to increase costs.
False
The concept of career has remained static and unchanged over time.
False
Test your knowledge on how factors like organizational restructuring, outsourcing, mergers & acquisitions, and downsizing have changed the traditional concept of career.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
