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Homework answers / question archive / 1)_ is the elimination of a significant number of employees from an organization a) Organizing b) Greenfield venturing c) Downsizing d) On-boarding e) On-shoring 2
1)_ is the elimination of a significant number of employees from an organization
a) Organizing
b) Greenfield venturing
c) Downsizing
d) On-boarding
e) On-shoring
2. Objectives regarding _ are generally stated in terms of percentage of sales increase and market share.
a) general philosophy
b) corporate social responsibility
c) efficiency
d) target customers
e) competitive advantage
3. Which of the following statements is true about employee empowerment?
a) It develops a sense of isolation among employees when it comes to the performance of the firm.
b) It eliminates the role of managers.
c) It fails to foster decision making skills among employees.
d) It is more easily accepted by employees from an authoritarian background.
e) It fosters a participative corporate culture beneficial for the firm.
4. As managers move up to higher levels of the organization, _ skills have higher importance and usefulness.
a) interpersonal
b) analytical
c) social
d) comprehension
e) technical
1. _ is the elimination of a significant number of employees from an organization
Downsizing is a process in human resource management that consists reducing the numbers of employees working in the given organization. Not one or two but a significant numbers of employees get laid off in downsizing. Generally, downsizing occurs due to poor economic conditions.
2. Objectives regarding _ are generally stated in terms of percentage of sales increase and market share.
Competitive advantage is an attribute of an organization that allows the organization to outperforms its competitors. When an organization is outperforming its competitors, its share in the total market increases as customers see the organization more favorable than before. Thus, percentage of sales increase and increase in market share is often used as a measure of competitive advantage.
3. The following statement is true about employee empowerment -
Employee empowerment is a process through which employees are given more authority over decision making. The autonomy and responsibility of employees increases as they get more power to make decision. When employees are empowered and are allowed to participate in decision making, the participative culture fostered.
4. As managers move up to higher levels of the organization, _ skills have higher importance and usefulness.
Generally, at lower level technical skills are more required than conceptual and interpersonal skills. As manager moves to middle level of management, more interpersonal skills are required to apply. Moving further to top level of management, conceptual skills are most required. At middle level, managers provide links between low level and top level of management, thus interpersonal skills are most essential.
