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.

---

Definitions:

Foresight

The ability to anticipate future events, trends, or outcomes and plan accordingly.

Future Trends

Predicted developments or directions in a particular area of interest over the coming years, often based on current data, patterns, and projections.

Coercive Leadership

A leadership style characterized by the use of force, threats, or punishment to influence subordinates, often resulting in a climate of fear and compliance.

Servant Leaders

Leaders who prioritize the needs of their team members and help them develop and perform to their highest potential.