Downsizing does not aim to improve financial performance. A) True B) False

Understand the Problem

The question is asking to determine whether the statement regarding downsizing and its aims is true or false. This is a typical true/false question requiring judgment based on knowledge of business practices.

More Information

While downsizing aims to improve financial performance by increasing efficiency, its actual effects on financial outcomes can be varied, often resulting in neutral or negative impacts.

Tips

A common mistake is to assume downsizing always leads to improved financial performance. It's important to consider its varied impact.

Sources

• DOWNSIZING ISN'T WHAT IT'S CRACKED UP TO BE - iveybusinessjournal.com
• Chegg - Which of the following is NOT true of downsizing? - chegg.com