When an organization adopts a turnaround strategy, its HR managers need to be involved in:
A) recruiting entrepreneurial employees who are highly flexible and ambitious.
B) retaining the existing employees when the firm cannot offer any advancement opportunities.
C) decreasing the size of the organization's workforce.
D) rotating managers across various businesses of the corporation.

Question

Quizplus · Accepted Answer

A turnaround strategy often involves restructuring and cost-cutting measures to stabilize a struggling company, which can include decreasing the size of the organization's workforce to reduce expenses and streamline operations.

When an Organization Adopts a Turnaround Strategy, Its HR Managers