Managerial Economics 2nd Edition by William Boyes

Exercise 19

The fashion for flattening hierarchies has had the paradoxical effect of multiplying meaningless job titles. Workers crave important-sounding titles to give them the illusion of ascending the ranks. Everybody, from the executive suite downward, wants to fluff up their résumé as a hedge against being sacked. Is this a good strategy to "avoid being sacked"? Explain.