When a Company Engages in Delayering, It May Be Necessary

question 24

Multiple Choice

When a company engages in delayering, it may be necessary to:

• A) increase its basic business operations.
• B) increase the number of organizational levels.
• C) lay off employees.
• D) add to the operating costs.
• E) retain the functional processes.

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Definitions:

Continuing Resolution

A type of legislation that allows government agencies to continue operating at current funding levels until new budget legislation is passed.

Budgetary Process

A systematic method used by organizations or governments to allocate financial resources and plan for future financial needs.

Continuing Resolutions

Legislative measures used by the government to allow funding for its operations in the absence of an agreed-upon formal budget.

Biennial Budget

A budget or financial plan projected for two years, typically used by some state governments in the United States.