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.

---

Definitions:

Ability To Get

The capacity or means to acquire or obtain something, often referring to resources, information, or skills.

Petite-Bourgeoisie

A social class between the bourgeoisie and the working class, often associated with small business owners and managers.

Lumpen-Proletariat

A term used to describe the underclass that does not contribute to the workforce and is not considered in Marxist theory to play a pivotal role in the revolution against capitalism.

Fine Leather Shoes

High-quality footwear made from the treated and crafted hide of animals, distinguished by their durability, comfort, and aesthetic appeal.