Examlex
Which of the following is NOT a major world economic marketplace?
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.
Time Horizon
The length of time over which an investment, project, or strategic decision is expected to unfold or achieve certain goals.
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