Joe,the CEO of TexTel Inc

question 57

Multiple Choice

Joe,the CEO of TexTel Inc.,studies the structure of his organization and finds that many of its processes are inefficient.His company has a team-oriented culture in which people perform as groups and complete short-term projects to earn revenue.He decides to downsize the organization to increase profits and use the profits to enhance the organization's efficiency.Emily,the company's HR manager,thinks downsizing is detrimental to the organization's growth.Which one of them is right?

• A) Joe is right because downsizing yields slow but long-term profits.
• B) Joe is right because downsizing is the simplest way to ensure current and future competitiveness.
• C) Emily is right because downsizing will affect the organization's team culture and result in poor productivity.
• D) Emily is right because downsizing often results in acquisition of companies by other organizations.
• E) Emily is right because downsizing requires moving to relatively expensive locations.

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Definitions:

Task Management Technology

Digital tools and applications designed to help individuals and teams organize, prioritize, and manage tasks efficiently to boost productivity.

Floor Space

Floor space refers to the total area within a building or a specific room that is available for use or occupancy.

Retailers

Businesses that sell goods or services directly to consumers through various channels, including brick-and-mortar stores, online platforms, and pop-up shops.

Customer Complaint

Feedback from a dissatisfied customer about a product or service, often indicating a problem that requires resolution.