_____ is the process of altering existing organizational structures to make a firm more competitive under changing conditions.

Question

Quizplus · Accepted Answer

Restructuring is the correct answer because it involves changing the organizational structure, processes, and sometimes the culture of a company to improve its efficiency, effectiveness, and ability to compete. This can include changes in management, operations, ownership, legal structure, or other areas to adapt to new conditions or recover from financial distress.

_____ Is the Process of Altering Existing Organizational Structures to Make