A Reason That Downsizing Efforts Often Fail Is That Employees

question 10

True/False

A reason that downsizing efforts often fail is that employees who survive the purges often become narrow-minded,self-absorbed,and risk averse.

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Definitions:

Labor Unions

Organizations formed by workers to collectively negotiate with employers over wages, benefits, and working conditions, aiming to protect and improve members' interests.

Economic Inequality

The unequal distribution of wealth, income, or resources among individuals or groups within a society.

Perfect Equality

A theoretical state where all participants in an economy or society have exactly the same resources, opportunities, and outcomes.

Total Income

The sum of all earnings received by an individual or entity, including wages, rents, interest, and dividends.