What Is Downsizing? Discuss the Major Reasons Why Organizations Engage

question 43

Essay

What is downsizing? Discuss the major reasons why organizations engage in downsizing. In general, are downsizing strategies successful? List reasons why or why not.

---

Definitions:

Intuitive Judgment

The ability to understand or know something directly without analytic reasoning, bridging the gap between the unconscious and conscious parts of the mind.

Vaccine

A biological preparation that provides active acquired immunity to a particular infectious disease, often containing agents resembling the disease-causing microorganism.

Deck Of Cards

A set of cards used for playing games, typically consisting of 52 cards divided into four suits.

Intuitive Judgment

A decision-making process that occurs without explicit reasoning, often based on experience and immediate perception.