As part of its initiative to streamline operations, XLT Corp. is planning to eliminate a number of jobs. Which strategy is XLT Corp. using?
A)Downsizing
B)Outsourcing
C)Nearshoring
D)Reengineering

Question

Quizplus · Accepted Answer

Downsizing involves reducing the number of employees in a company to cut costs and streamline operations. XLT Corp.'s plan to eliminate jobs fits this definition, indicating that the company is using a downsizing strategy.

As Part of Its Initiative to Streamline Operations, XLT Corp