Restructuring Is

question 19

Multiple Choice

Restructuring is

• A) a rethinking and redesign of a firm's business processes.
• B) a radical readjustment of the organization's staffing and hierarchy.
• C) a philosophy that states that mistakes, defects, and poor-quality materials are not acceptable and should be eliminated.
• D) the shift that firms make from a functional to a more complex structure as the firm grows in complexity and size.
• E) employed when a firm needs help in improving its functional strategies.

Differentiate between programmed and non-programmed decision solutions.

Identify the factors that influence decision-making under constraints (e.g., time, information, political considerations).

Recognize the impact of cognitive biases on decision-making.

Distinguish between different problem types based on the clarity of the existing and desired states.