Downsizing has had a positive effect on corporate profit in over 90 percent of the firms attempting it.

Name: Downsizing has had a positive effect on corporate profit in over 90 percent of the firms attempting it.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

While downsizing can lead to short-term cost savings, it does not guarantee a positive effect on corporate profit in over 90 percent of firms. The impact varies widely depending on the industry, the manner in which downsizing is implemented, and other strategic factors.

Downsizing Has Had a Positive Effect on Corporate Profit in Over