Which of the Following Statements Is True About Downsizing

question 75

Multiple Choice

Which of the following statements is true about downsizing?

• A)The typical organizational response to a surplus of labor has been downsizing,which is slow but low in human suffering.
• B)An organization turns to downsizing only in times of recession.
• C)In firms that are high in research and development intensity,downsizing has been linked to higher long-term organizational profits.
• D)The negative effects of downsizing seem to be reduced in service industries characterized by high levels of customer contact.
• E)Downsizing efforts often fail because employees who survive the purges often become narrow-minded,self-absorbed,and risk averse.

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Definitions:

Tactical Plans

Short-term, specific plans created to implement the strategies of an organization, generally focusing on achieving specific goals within a one to three-year period.

Goals Characteristics

The attributes that make goals effective, such as being specific, measurable, attainable, relevant, and time-bound (SMART criteria).

Participatory Planning

A planning approach that actively involves all stakeholders in the decision-making process, ensuring their opinions and needs are considered in the development of plans and policies.

Planning Process

An orderly sequence of steps that helps individuals or organizations decide on and achieve their goals.