Scenario A.Leng,the chairman at Hanover Chemical Engineering,is meeting with Connie,the human resources manager.The company is going through difficult times,Leng explains,and they will need to lay off some employees.Leng must estimate the appropriate size at which the company can perform,and he tasks Connie to enable efficient downsizing.
-Leng's task of successfully determining an appropriate size at which the company can perform most effectively is known as

Question

Quizplus · Accepted Answer

The task of determining an appropriate size for a company during difficult times in order to perform most effectively is known as "rightsizing". Downsizing specifically refers to the reduction of employees, which is a part of the overall process of rightsizing. Benchmarking is the process of comparing a company's performance against similar companies in the same industry, whereas buffering and customization do not apply to this situation.