Examlex
Outgoing correspondence should usually be filed by the name on the letterhead.
Downsizing
The process of reducing the number of employees within an organization through terminations, retirements, or divestitures as a means of reducing costs.
Offshoring
The practice of relocating business processes or services to another country, often to reduce costs or access skilled labor not available domestically.
Reengineering
A complete review of the organization's critical work processes to make them more efficient and able to deliver higher quality.
Outsourcing
The business practice of hiring a party outside a company to perform services or create goods that traditionally were performed in-house by the company's own employees.
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