Organizational Downsizing Is a Popular Technique for Reducing Lower Management

question 98

True/False

Organizational downsizing is a popular technique for reducing lower management in companies.

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Definitions:

CRA

An abbreviation that can stand for Credit Rating Agency, an organization providing assessments of the creditworthiness of securities or firms.

Fair Market Value

The price that property would sell for on the open market, considering both the seller and buyer are acting knowledgeably and without undue pressure.

End Of Lease Term

The conclusion of a leasing agreement, at which point the lessee must return the asset or possibly extend the lease.

CRA

The Canada Revenue Agency, which is responsible for the administration of tax laws for the Canadian government as well as various social and economic benefit and incentive programs delivered through the tax system.