QUESTION: Discuss one (1) alternative to downsizing using an example from an actual company to justify the use of this alternative. Your example must demonstrate the impact of using this approach and why is was more suitable than downsizing.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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"Next to the death of a relative or friend, there's nothing more traumatic than losing a job.
Corporate cutbacks threaten the security and self-esteem of survivors and victims alike.
They cause turmoil and shatter morale inside organizations and they confirm the view that
profits always come before people."

- Laura Rubach, Industry Analyst, in 1994

QUESTION:
Discuss one (1) alternative to downsizing using an example from an actual company to
justify the use of this alternative. Your example must demonstrate the impact of using this
approach and why is was more suitable than downsizing.

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