Hubert Joly, the transformational CEO who came in from outside Best Buy to turn the company around, advocates all but which one of these principles (or "levers") to improve profits?

Question

Quizplus · Accepted Answer

Hubert Joly's approach to turning around Best Buy did not involve cutting low-wage employees in a last in, first out manner. Instead, his strategy focused on cost reduction in areas like non-salary expenses, eliminating luxury perks, and optimizing expenses such as health insurance plans, without resorting to laying off low-wage employees as a primary tactic.

Hubert Joly, the Transformational CEO Who Came in from Outside