GK
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Operational
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Internal
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External
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Financial
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Detailed explanation-1: -Downsizing can threaten employees’ sense of wellbeing in several ways. They may see the company as having behaved unjustly or unfairly. They obviously feel less secure. They may also lose the belief that their contribution to the business will be rewarded in future.
Detailed explanation-2: -A change in workload. Decrease in employee engagement and motivation. Less career developmental opportunities. Prompt managers to meet with employees frequently. Offer coaching/training to help managers navigate difficult conversations. More items
Detailed explanation-3: -Improve efficiency (by replacing employees with machinery). Reduce costs. Rightsize resources relative to market demand. Take advantage of cost synergies after a merger. Increase profits by reducing overhead costs. More items