Examlex
Which of the following statements is correct?
Effective Restructuring
Entails making significant organizational changes that aim to improve efficiency, reduce costs, or better align the business structure with its strategic objectives.
Outsourcing
The act of hiring third-party vendors to perform services or create goods that traditionally were performed in-house, as a strategy to focus on core business activities.
Rightsizing
The process of adjusting a company's workforce to its optimal size, often involving layoffs or restructuring.
Systematic Change
A long-term strategy that changes the organization's culture and attitudes, and employees' values, with the goals of reducing costs and enhancing quality.
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