Which strategy refers to the planned elimination of jobs?
A)Downsizing
B)Outsourcing
C)Nearshoring
D)Reengineering

Question

Quizplus · Accepted Answer

Downsizing refers to the planned elimination of jobs within an organization. This strategy is often used to reduce costs and improve efficiency, but it can also have negative impacts on employee morale and the overall organizational culture. Outsourcing refers to the use of external vendors to perform certain functions or services, while nearshoring involves sourcing work to countries that are geographically closer to the home country. Reengineering refers to the process of redesigning and improving business processes to increase efficiency and effectiveness. While all of these strategies may involve job cuts, only downsizing refers specifically to the planned elimination of jobs within an organization.

Which Strategy Refers to the Planned Elimination of Jobs