Downscoping Represents a Reduction in the Number of a Firm's

question 86

True/False

Downscoping represents a reduction in the number of a firm's employees and sometimes in the number of its operating units, but it may or may not represent a change in the composition of businesses in the corporation's portfolio.

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Definitions:

Work Responsibilities

Duties and tasks assigned to an employee or a team within an organization.

Franchise

A type of business wherein a franchisor grants a franchisee the right to use its trademark, products, and business methods in exchange for a fee.

Open Source Software

Software with source code that anyone can inspect, modify, and enhance, promoting collaborative development and free distribution.

Franchisee

An individual or company that is granted the right by a franchisor to run a business under the franchisor's trademark and business model.