Which of the Following Statements Is True About Downsizing

question 70

Multiple Choice

Which of the following statements is true about downsizing?

• A)The typical organizational response to a surplus of labor has been downsizing, which is slow but low in human suffering.
• B)An organization turns to downsizing only in times of recession.
• C)In firms that are high in research and development intensity, downsizing has been linked to higher long-term organizational profits.
• D)The negative effects of downsizing seem to be reduced in service industry's characterized by high levels of customer contact.
• E)Downsizing efforts often fail because employees who survive the purges often become narrow-minded, self-absorbed, and risk-averse.

Recognize the effects of purchasing supplies on account.

Analyze the effect of transactions on cash balance.

Understand the implications of payments on liabilities.

Identify the normal balances of different account types.

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Definitions:

Leasehold

An estate or interest in property held under a lease, granting the holder the right to use and occupy the property for a specified period under certain conditions.

Profit a Prendre

A legal right granted to a person to enter another's land and take away some part of the land's produce or mineral deposits.

Restrictive Covenant

A clause in a contract or agreement that imposes limitations or conditions on the actions of one or more parties, typically to protect business interests.

Remainderman

A third party with the right to the remainder of the fee simple after the death of a life tenant.