Which of the following statements is true of the corporate strategy of downsizing?
A) Downsizing refers to the process of dramatically cutting the wages of those employees who show low levels of productivity and standards of performance.
B) Studies show that most companies that engage in downsizing report improvements in product quality,innovation,and organizational climate.
C) Companies that practice downsizing exhibit an organizational culture that lacks compassion.
D) The Theory Y approach of management strictly incorporates the strategy of downsizing.
Correct Answer:
Verified
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