Two of the Most Common Reasons for Downsizing Are

question 6

Multiple Choice

Two of the most common reasons for downsizing are:

• A) to remain competitive against domestic rivals and develop international markets.
• B) to hire more qualified employees and reduce labour costs.
• C) to cut overhead costs and streamline the organizational structure.
• D) to eliminate labour tension and increase profits.

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Definitions:

Sample Space

The set of all possible outcomes or results in a probability experiment.

Real Number

A value that represents a quantity along a continuous line, including both rational and irrational numbers.

Continuous Random Variables

Variables that can take on an infinite number of values within a given range, typically associated with measurements.