Changing Concept of Career Factors Quiz
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Questions and Answers

What is the term used to describe the process where a company makes changes to its system and policies to achieve its goals?

  • Outsourcing tasks
  • Organizational restructuring (correct)
  • Employee downsizing
  • Mergers & Acquisitions
  • Which factor involves third parties performing tasks to help in cost reduction for a company?

  • Organizational restructuring
  • Employee downsizing
  • Mergers & Acquisitions
  • Outsourcing (correct)
  • What is the term used to describe merging or acquiring to form a new existing company?

  • Organizational restructuring
  • Employee downsizing
  • Outsourcing tasks
  • Mergers & Acquisitions (correct)
  • Which factor involves removing employees from a company to reduce costs?

    <p>Employee downsizing</p> Signup and view all the answers

    In the context of career changes, which factor might negatively impact job security for employees?

    <p>Employee downsizing</p> Signup and view all the answers

    Outsourcing involves third parties performing tasks to increase costs for a company.

    <p>False</p> Signup and view all the answers

    Organizational restructuring aims to maintain the existing system and policies of a company.

    <p>False</p> Signup and view all the answers

    Mergers & Acquisitions involve two companies coming together to form a new existing company.

    <p>True</p> Signup and view all the answers

    Downsizing is the process of hiring more employees to increase costs.

    <p>False</p> Signup and view all the answers

    The concept of career has remained static and unchanged over time.

    <p>False</p> Signup and view all the answers

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