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Company Beta Is Looking for a Strategy to Boost Its

Question 38

True/False

Company Beta is looking for a strategy to boost its performance due to an increasingly tougher competitive environment. Bureaucratic inefficiencies associated with a tall hierarchy have been identified. Company Beta has decided to lay off people and reduce the number of layers in the hierarchy from nine to five. This move has grown Beta's profits and revenues. This strategy is called delayering.

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