The Planned Elimination of Positions or Jobs Is Called

question 47

Multiple Choice

The planned elimination of positions or jobs is called

• A) Reengineering.
• B) Self-direction.
• C) Downsizing.
• D) Span of control.
• E) Economies of scale.

Acknowledge the benefits of experimentation in the entrepreneurial process.

Discover how curiosity drives the entrepreneurial process and innovation.

Understand the concept and purpose of prototypes in product development.

Identify and explain different prototyping techniques and testing methods.

---

Definitions:

Fair Trade

A social movement and market-based approach that aims to help producers in developing countries achieve better trading conditions and promote sustainability.

Free Trade

An economic policy allowing imports and exports between countries with little or no government tariffs, quotas, subsidies, or prohibitions to inhibit their exchange.

International Investment Portfolios

involve the diversification of investments across global markets to optimize returns and minimize risks.

Investment Securities

Financial instruments, such as stocks or bonds, that represent an ownership interest, or a debt obligation, that can be bought or sold.