Examlex
Which of the following is true of ASEAN?
Workforce Reduction Programs
Initiatives taken by organizations to decrease the number of employees through methods such as layoffs, buyouts, or retirements to reduce costs and improve efficiency.
Cutting Costs
The process of reducing expenses in order to improve a company's financial performance or maintain its competitiveness.
Offshoring
The practice of relocating business processes or manufacturing to another country to reduce costs or improve efficiency.
Foreign Entities
Organizations or business units that operate outside the country of one's residence or the headquarters of a business.
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