Which issues does management need to be aware of


Question: Senior management at a financial services company that is struggling with declining sales, market share, and profits, is going to pursue a downsizing strategy in an attempt to make the company more competitive. Which of the following issues does management need to be aware of as it pursues this strategy? Multiple Choice It is difficult to boost the morale of employees who remain after downsizing. It becomes difficult to change an organization's culture after downsizing. It is not an effective strategy if an organization wants to make way for fresh ideas. It fails to force employees to cooperate with management after downsizing. It restricts organizations from developing new and positive relationships.

 

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