An organization that is downsizing by laying off workers to reduce costs is implementing a ____________ strategy.

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(a) growth

(b) cost differentiation

(c) restructuring

(d) vertical integration

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Management

ISBN: 9781119323990

4th Canadian Edition

Authors: Barry Wright, Daniel G. Bachrach, John R. Schermerhorn

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Question Posted: Feb 18, 2024 07:00 AM

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An organization that is downsizing by laying off workers to reduce costs is implementing a ____________ strategy.

Question:

Step by Step Answer:

c restructuring Downsizing is a common restructuring technique used by organiza...View the full answer

Management

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