Owing to Financial Problems in the Organization, the Top Management

question 7

Multiple Choice

Owing to financial problems in the organization, the top management of an investment bank decided to reduce the number of middle managers by 10 percent. This is an example of _____.

• A) insourcing
• B) restructuring
• C) task assessment
• D) empowerment
• E) delegation

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Definitions:

Total Share

Total share commonly refers to the total number of issued shares of a company’s stock, representing ownership in the company.

Personal Use

Refers to the utilization of goods, services, or assets for individual, non-commercial purposes.

Dissolution

The process of formally closing or ending a business entity, involving the distribution of its assets and settling of liabilities.