One Problem That Has Been Shown to Accompany Downsizing Is

question 21

Multiple Choice

One problem that has been shown to accompany downsizing is ________.

• A) increased payroll costs
• B) decreases in employee health and motivation
• C) most companies fail to downsize sufficiently
• D) insufficient attention to issues of seniority

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Definitions:

Cash Cycle

The period between the outlay of cash for the purchase of inventory and the receipt of cash from accounts receivable, reflecting how quickly a company can convert its products into cash through sales.

Restrictive Financial Policies

Policies put in place to limit certain actions by the firm, often to maintain financial stability or to comply with regulatory requirements.

Current Asset Management

The practice of overseeing and optimizing the handling of a company's short-term assets, such as cash, inventory, and receivables.

Credit Manager

A professional responsible for overseeing a company's credit policies and procedures, managing credit risk, and ensuring customers pay their bills on time.