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

question 57

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 firm's portfolio.

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Definitions:

Judicial Review

The power of courts to assess the constitutionality of the actions of the executive and legislative branches, or to ensure legal and administrative actions comply with the law.

Administrative Law

A branch of public law that governs the activities of administrative agencies of government, including rulemaking, adjudication, or the enforcement of a specific regulatory agenda.

Freedom of Information Act

A law that allows for the full or partial disclosure of previously unreleased information and documents controlled by the government.

Government in the Sunshine Act

A U.S. law enacted to ensure that meetings of government agencies are conducted in public, promoting transparency.