Which of the following is true of downsizing?
A)It is not very common among large companies
B)It was a trend of the 1950's but not seen often today
C)It usually causes a large jump in profits and stock price
D)It is a voluntary reduction in the overall size of the workforce

Question

Quizplus · Accepted Answer

Downsizing refers to a voluntary reduction in the overall size of a company's workforce. It is often done as a cost-cutting measure to improve efficiency and profitability. Option A is incorrect as downsizing is quite common among large companies. Option B is incorrect as downsizing is still practiced today. Option C is incorrect as the impact of downsizing on profits and stock prices is not always straightforward and can vary depending on the specific circumstances.

Which of the Following Is True of Downsizing