Downsizing and rightsizing have a lot of similarities. Select the option below that best describes the main
Question:
Downsizing and rightsizing have a lot of similarities. Select the option below that best describes the main difference between the two.
Responses
Typically, organizations layoff more employees when rightsizing than when downsizing.
Typically, organizations layoff more employees when rightsizing than when downsizing.
The goal of downsizing is to drastically reduce the scope and size of a company, whereas rightsizing aims to restructure an organization.
The goal of downsizing is to drastically reduce the scope and size of a company, whereas rightsizing aims to restructure an organization.
Downsizing always requires the elimination of some company positions, whereas rightsizing may require a company to hire additional employees.
Downsizing always requires the elimination of some company positions, whereas rightsizing may require a company to hire additional employees.
The goal of downsizing is to restructure an organization, whereas the goal of rightsizing is to reduce the scope and size of a company.
Intermediate Accounting
ISBN: 978-0470161012
9th Canadian Edition, Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.