An Effective Strategy for Managing Downsizing Is

question 84

Multiple Choice

An effective strategy for managing downsizing is:

• A)investment.
• B)divestiture.
• C)command and control.
• D)training.

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Definitions:

Loss-Minimizing

A strategy or approach aimed at reducing losses in business operations to the lowest possible level.

Profit-Maximizing

The process or strategy of adjusting production and operation methods to achieve the highest possible profit.

Loss-Minimizing

A strategy or approach aimed at reducing the financial losses of a business or economic activity to the lowest possible level.

Level of Output

The total quantity of goods and services produced by an economy or a firm in a given period.