Refer to Scenario: ConocoPhillips

question 22

Multiple Choice

Refer to Scenario: ConocoPhillips.ConocoPhillips is paring back its deep water and Alberta oil sands exploration projects and is laying off workers.What type of downsizing strategy is the company implementing?

• A)systematic change and operation reductions
• B)work redesign and workforce reduction
• C)work redesign and bottom line cost cutting
• D)systematic change and work design

Grasp the principles of business planning and forecasting.

Compare the levels of social responsibility in businesses.

Define competitive advantage and its core concepts.

Understand the elements of effective strategic planning and goal setting.

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Definitions:

Symbolic Interactionists

Scholars in sociology who focus on the symbolic meaning that individuals ascribe to objects, events, and behaviors in social interactions.

Structural Functionalism

A sociological perspective that sees society as a complex system whose parts work together to promote solidarity and stability.

Oppression And Discrimination

Refers to the systemic and pervasive mistreatment and unfair judgment of individuals or groups based on perceived or actual characteristics, often leading to unequal opportunities and negative outcomes.

Functionalist

A viewpoint in sociology that regards society as a complicated system in which its components function cooperatively to foster unity and steadiness.