refers to retrenchment of
surplus manpower of business
O Diversification
O Growth
O Divestitures
O Downsizing
Answers
Answer:
Features of a Government Company
It is a separate legal entity. It is incorporated under Companies Act 1956 & 2013. The management is governed and regulated by the provisions of Companies Act. The Memorandum of Association and Articles of Association govern the appointment of employees.
Downsizing
Downsizing insinuates the cycles associated with decreasing the functional costs of a business by lessening the size of the labor force and deciding on plant terminations to make an organization more productive and more streamlined regularly portrayed as 'scaling back the overabundance.' You can likewise comprehend scaling back as work to making various offices and parts of a firm more beneficial and capable. This post will bring you profound into the universe of cutting back and assist you with understanding its upsides and downsides. You will likewise get to know the correct approaches to cutting back to get good results from it.