When organizations are downsizing the number of employees in the hierarchy, this usually involves a ____ strategy.
A) growth
B) retrenchment
C) stability
D) business
E) diversification

Question

Quizplus · Accepted Answer

Downsizing involves a retrenchment strategy, as the organization is reducing its workforce to cut costs or improve efficiency. Growth, stability, business, and diversification strategies usually involve expanding the organization's operations or maintaining its current size and scope.

When Organizations Are Downsizing the Number of Employees in the Hierarchy