Due to declining global sales, Makeown Ventures Inc.announced that it would lay off 12 percent of its existing workforce over the next few months.This is an example of
A)task assessment.
B)insourcing.
C)restructuring.
D)outsourcing.
E)empowerment.

Question

Quizplus · Accepted Answer

Restructuring involves simplifying, shrinking, or downsizing an organization's operations to lower operating costs.

Due to Declining Global Sales, Makeown Ventures Inc