If an Organization Wants to Achieve an Effective Restructuring,what Is

question 64

Multiple Choice

If an organization wants to achieve an effective restructuring,what is one strategy that it might implement?

• A)outsourcing
• B)rightsizing
• C)designing
• D)rationalizing

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Definitions:

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period of time to help manage a company's liquidity and ensure it has enough cash to meet its obligations.

Nonmanufacturing Business

A business that primarily sells services or goods that are not produced by the company, such as retail or consulting.

Primary Budget

The initial budget plan created for a specific period, outlining expected income, expenses, and allocations before any adjustments.

Directing

The process by which managers, given their assigned level of responsibilities, run day-to-day operations.