Organizational Downsizing Refers to

question 10

Multiple Choice

Organizational downsizing refers to

• A)the way in which companies sell food in smaller and smaller packages for the same amount of money.
• B)the decrease in profits that accompanies international competition.
• C)a reduction in the number of employees.
• D)a reduction in executives' fringe benefits (luxury cars,company jets,$500/night hotel suites,etc. ).

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Definitions:

Power Distance

A cultural dimension that describes the extent to which members of a society accept and expect power to be distributed unequally.

Uncertainty Avoidance

A cultural dimension that describes the extent to which people in a society are uncomfortable with ambiguity and uncertainty and attempt to minimize these through strict laws and rules.

Egalitarian

Referring to a belief in or practice of equal rights for all individuals, often emphasizing equality and minimal hierarchy.

GLOBE Researchers

A group of scholars involved in a study aimed at understanding the impact of culture on leadership and organizational practices worldwide.