Owing to Financial Problems in the Organization, the Top Management

question 7

Multiple Choice

Owing to financial problems in the organization, the top management of an investment bank decided to reduce the number of middle managers by 10 percent. This is an example of _____.

• A) insourcing
• B) restructuring
• C) task assessment
• D) empowerment
• E) delegation

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Definitions:

DNA

The molecule that carries genetic instructions used in the growth, development, functioning, and reproduction of all living organisms.

Metabolism

The set of life-sustaining chemical reactions in organisms, including processes for converting food to energy, constructing cellular materials, and discarding waste.

Glucose

An elementary sugar vital for energy in living entities and a key element of several carbohydrate types.

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in the air and absorbed by plants in photosynthesis.