Research on Downsizing Indicates Which of the Following Is a Statement

question 68

Multiple Choice

Research on downsizing indicates which of the following is a statement?

• A)Since 1980,the service industry has accounted for the largest average percentage of firms which downsized five or more percent of their workforces.
• B)Downsizing and job insecurity are challenge stressors.
• C)Downsizing leads to other stressful events such as financial insecurity.
• D)Creativity in the work environment improves significantly during downsizing because people have to do more with less.

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Definitions:

Economies of Scale

The cost advantage that arises with increased output of a product, leading to a reduction in the per-unit cost of production.

Average Total Cost

The total cost of production (fixed and variable costs combined) divided by the number of units produced, indicating the cost per unit of output.

Operation Size

The scale or scope of a business's activities, ranging from small, single-location operations to large, multinational corporations.

Diseconomies of Scale

A situation where a company or organization grows so large that the costs per unit increase.