According to a study of the effects of rightsizing conducted in the 1990s, the firms where the decline in employment was less than 5 percent from 1980 to 1994, but the decline in plant and assets during the same period was at least 5 percent greater than the decline in employment were called _____.

Question

Quizplus · Accepted Answer

These firms were termed "asset downsizers" because they reduced their physical assets (plant and equipment) by at least 5 percent more than they reduced their employment, indicating a strategic reduction in physical assets while maintaining a relatively stable workforce.

According to a Study of the Effects of Rightsizing Conducted