Refer to Scenario: ConocoPhillips.ConocoPhillips is implementing a downsizing strategy that requires the elimination of specific work processes and functions.What type of downsizing strategy is it adopting?
A)downsizing
B)workforce reduction
C)work redesign
D)systematic change

Question

Quizplus · Accepted Answer

The downsizing strategy being implemented by ConocoPhillips involves the elimination of specific work processes and functions, which is indicative of a work redesign strategy. This approach involves restructuring and reconfiguring work processes and workflows to make them more efficient and cost-effective. It typically involves the elimination of redundant or unnecessary functions and the consolidation of work activities to reduce costs and improve efficiency.