Which of the following is a medium-term alternative to downsizing?Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.aexit incentivesbhiring freezecmandatory vacationdreduced overtime
Question
Which of the following is a medium-term alternative to downsizing?Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.aexit incentivesbhiring freezecmandatory vacationdreduced overtime
Solution
A medium-term alternative to downsizing could be a hiring freeze. This strategy involves stopping or significantly reducing the hiring of new employees. This allows a company to save on labor costs without having to lay off current employees. It's considered a medium-term strategy because it can be sustained for a certain period of time, but not indefinitely, as the company will eventually need to hire new employees to replace those who leave or retire.
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