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  3. Study Set
    Contemporary Management Study Set 4
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    Exam 1: Managers and Managing
  5. Question
    When Company XYZ Needed to Reduce Costs to Meet Its
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When Company XYZ Needed to Reduce Costs to Meet Its

Question 60

Question 60

True/False

When Company XYZ needed to reduce costs to meet its annual profitability goal, it reduced levels in its hierarchy and laid off ten percent of its workers. This is an example of restructuring.

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