If a Business Is Downsizing,it Is Most Likely

question 99

Multiple Choice

If a business is downsizing,it is most likely:

• A) offering training and development opportunities to new hires.
• B) improving worker efficiency through reorganization.
• C) reducing the size and scope of the business.
• D) offering early retirements to older workers.

---

Definitions:

Economic Value

The worth of a good or service determined by the market, based on its ability to generate income or its utility to consumers.

Sustainable Competitive Advantage

A unique advantage that a company is able to sustain over time, protecting it from competition and allowing it to maintain higher margins or market share.

High-quality Employees

Workers who display excellence in their performance, reliability, and contribution to the organization.

Critical Functions

Activities considered essential for an organization's survival and continued operation.