As ___________________ Costs Decrease,firm Size (The Number of Employees)should Shrink

question 1

Short Answer

As ___________________ costs decrease,firm size (the number of employees)should shrink because it becomes easier and cheaper for the firm to contract for the purchase of goods and services in the marketplace rather than to make the product or offer the service itself.

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Definitions:

Group

A collection of individuals who come together to achieve a common goal or share a common interest.

Organizational Climate

The shared perceptions and attitudes about an organization that influence members' motivation and behavior.

Manager

A person responsible for controlling or administering an organization or group of staff, making decisions, and ensuring that goals are met.

Status

The relative social, professional, or other standing of someone or something, often compared to others within a given context.