When Organizations Are Downsizing the Number of Employees in the Hierarchy

question 1

Multiple Choice

When organizations are downsizing the number of employees in the hierarchy, this usually involves a ____ strategy.

• A) growth
• B) retrenchment
• C) stability
• D) business
• E) diversification

---

Definitions:

Trustee's Fiduciary Duties

Obligations of a trustee to act in the best interests of the beneficiaries, including duties of loyalty, care, and impartiality.

Selling Stock

The act of offering company shares for sale to investors, typically to raise capital.

Capital Gains

The profit earned from the sale of a non-inventory asset that was purchased at a lower price, often subject to taxes.

Valid Trust

A trust that fulfills all legal requirements, ensuring its enforceability and the legal protection of the assets and beneficiaries involved.