Exam 10: Downsizing and Restructuring

Work redesign is a short-term strategy,whereas workforce reduction is a medium-term strategy.

Perceptions of fairness and equity play a key role in understanding how survivors react to a downsizing.What type of justice is associated with the procedures or rules used to determine which employees will be downsized?

If employees believe that they will be rewarded for loyal service and feel protected by job security,what type of contract do they have?

If an organization wants to achieve an effective restructuring,what is one strategy that it might implement?

Refer to Scenario: ConocoPhillips.Discuss four organizational interventions that ConocoPhillips can adopt to help previously employed workers adjust to job loss and secure new employment

An organization is implementing a downsizing strategy that requires the elimination of specific work processes and functions.What type of downsizing strategy is this organization executing?

A workforce reduction strategy is to cut the number of employees through attrition,early retirement,or voluntary severance packages.

Several alternatives to downsizing are available to organizations faced with the challenge of cutting costs.Which of the following is a medium-term cost adjustment alternative?

Downsizing is unlikely to disappear in the future because it helps to alleviate the huge financial burdens facing many organizations.

Refer to Scenario: ConocoPhillips.What two downsizing strategies is ConocoPhillips implementing?

When survivors of downsizing continue to work for an organization,there are several impacts on them personally.Which of the following is NOT an impact experienced by survivors?

Offshoring occurs when an organization moves work to foreign entities outside the company.

There is a movement by organizations to protect a core of employees and surround that with a periphery of less permanent employees.

Interactional justice refers to the interpersonal treatment employees receive during the implementation of the downsizing decision.

What type of organizational restructuring involves changes such as reducing cash flow or increasing levels of debt?

Refer to Scenario: ConocoPhillips.Which of the following is a medium-term cost adjustment that ConocoPhillips could consider to reduce costs?

One issue that has received little attention is the effect of downsizing on the organization's reputation for corporate social responsibility.

An organization is paring back services.What type of downsizing strategy is it implementing?

There are three types of restructuring: portfolio,human capital,and organizational.

Most downsizing efforts are carried out with consideration of the costs to the individuals and the employer.