The Removal of Layers from Organisational Hierarchies in the 1980s

question 20

Multiple Choice

The removal of layers from organisational hierarchies in the 1980s and 1990s, which resulted in smaller and flatter organisations, was known as:

• A) rationalisation.
• B) upsizing.
• C) hybridisation.
• D) downsizing.
• E) mechanisation.

---

Definitions:

Net Working Capital

A financial metric that represents the difference between a company's current assets and its current liabilities.

Total Assets Ratio

A financial metric that compares the total assets of a company to its sales or revenues, indicating how efficiently a company uses its assets.

Uses of Cash

The various ways in which a company or individual allocates cash resources, including operating expenses, investments, and financing activities.

Fixed Assets

Durable physical assets utilized in the running of a company, which aren't anticipated to be expended or turned into cash within one year.