Exam 10: Downsizing and Restructuring

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

Which of the following is a short-term strategy aimed at cutting the number of employees through programs such as attrition and early retirement?

Downsizing may be considered a breach of the unwritten employment contract between employers and their employees.

What are four of the reasons that organizations downsize?

Which of the following is a medium-term strategy in which organizations focus on work processes and assess whether specific functions,products,and/or services should be changed or eliminated?

An organization is NOT taking a career management approach that would be aimed at absorbing displaced workers into other divisions of the organization.What is this organization NOT doing?

Human resources experts have a considerable role to play in downsizing and restructuring.Discuss two of their roles.

Jobs are being dramatically altered due to several factors such as artificial intelligence and computerization.Which of the following is an important factor resulting from the intelligence resolution shaping the future of work?

What do you call an employee who remains with an organization after a downsizing?

Distributive fairness is more important than procedural fairness for downsizing survivors.

There is considerable evidence that workforce reduction programs ultimately achieve their objectives of cutting costs.

Many downsizings are carried out with careful consideration on how the downsizing will affect the organization's employees.

Which of the following is a short-term cost adjustment that an organization could consider to reduce costs?

Research evidence indicates that downsizing creates job insecurity and low job satisfaction,which are related to greater safety compliance because employees do not wish to be hurt on the job.

There are several alternatives to downsizing available to organizations.Which of the following is a medium-term cost adjustment alternative?

Many downsizings are carried out with careful consideration of the organization's strategic objectives.

A downsizing strategy is a short-term strategy to cut the number of employees through attrition,early retirement or voluntary severance packages,and layoffs or terminations.

A downsizing strategy seeks to improve an organization's efficiency by reducing the workforce,redesigning the work,or changing the systems of the organization.

While senior executives often focus on financial issues during a reorganization,the benefits of restructuring frequently fail to transpire if HR issues are not carefully thought out and resolved appropriately.

In the research by Classen and Dunn,what is one of their major findings associated with job loss?