Cutting costs through downsizing is an organization's best sustainable source of growth,competitive advantage,and new wealth.

Question

Quizplus · Accepted Answer

Downsizing may lead to short-term cost savings, but it often has negative long-term effects on employee morale, productivity, and innovation. Sustainable growth and competitive advantage typically come from investments in developing new products, improving operations, and retaining talented employees.

Cutting Costs Through Downsizing Is an Organization's Best Sustainable Source