A Reason Why Downsizing Efforts Often Fail Is That Employees

question 64

True/False

A reason why downsizing efforts often fail is that employees who survive the purges often become narrow-minded, self-absorbed, and risk-averse.

Identify the relationship between non-financial performance indicators and organizational objectives.

Recognize the role of benchmarking in identifying critical success factors and continuous improvement.

Comprehend the application and significance of the balanced scorecard perspectives in organizational measurement.

Understand the essential limitations of non-financial measures.

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Definitions:

Wellness Program

A structured plan or initiative designed to promote healthy living and improve health outcomes among participants, often implemented by employers.

Organization

Describes an arranged group of people and systems structured to meet a goal or a set of goals, often in a business or institutional context.

Personality Dimensions

Fundamental categories or aspects that describe and differentiate individual personalities, such as openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Stress

A physical or emotional response to external or internal pressures, often characterized by feelings of tension or anxiety.