Which of the following refers to a deliberate organizational decision to reduce the workforce to improve efficiency, productivity, and competitiveness?
A) outsourcing
B) downsizing
C) layoffs
D) co-sourcing
E) attrition

Question

Quizplus · Accepted Answer

Downsizing refers to a deliberate organizational decision to reduce the workforce to improve efficiency, productivity, and competitiveness. Outsourcing refers to contracting work to an external party. Layoffs refer to terminating employees due to financial or organizational reasons. Co-sourcing refers to a shared responsibility for a particular task or project between an external party and the organization. Attrition refers to a natural reduction in the workforce due to retirements or employees leaving on their own accord.

Which of the Following Refers to a Deliberate Organizational Decision