Reducing the size, scope or number operational units usually in a declining environment is known as reengineering.

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Reducing the size, scope, or number of operational units usually in a declining environment is known as downsizing. Reengineering refers to the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance such as cost, quality, service, and speed.

Reducing the Size, Scope or Number Operational Units Usually in a Declining