Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
Which strategy focuses on assessing whether specific functions, products, and/or services should be changed or eliminated?
Which strategy focuses on assessing whether specific functions, products, and/or services should be changed or eliminated?
- Downsizing and restructuring
- Work redesign (correct)
- Changing the systems of the organization
- Redesigning the work
What is a short-term strategy to reduce the number of employees?
What is a short-term strategy to reduce the number of employees?
- Redesigning the work
- Changing the systems of the organization
- Work redesign
- Workforce reduction through attrition and layoffs (correct)
What are some questions to consider before downsizing?
What are some questions to consider before downsizing?
- Should cuts be targeted or across the board? (correct)
- Will the organization’s stock price increase or decrease when organization announces a major layoff or restructuring?
- Should an employer carry out all reductions at once or stage them over a period of time?
- All of the above
What is the primary purpose of downsizing and restructuring?
What is the primary purpose of downsizing and restructuring?
Signup and view all the answers
What is the potential problem created by downsizing and restructuring?
What is the potential problem created by downsizing and restructuring?
Signup and view all the answers
Flashcards are hidden until you start studying
