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Often share prices will rise after a major downsizing, because the company is perceived as "doing something."
? Increase productivity: Since salaries and benefits are two major operating expenses, a business that lays off people and/or contracts their jobs out to a supplier of cheap labor will have more ready money available.
? If competition is doing it, there will be pressure to compete. Often there are "downsizing stampedes" in an industry.
Globalization and the breakdown of trade barriers among nations and the emergence of technology and automation have also necessitated the company to downsize...
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Common topics in this essay:
- Compare And Contrast Scientific Management And Human Relations Approaches To Designing Work And Motivating Employees’
- employees
- Fmla, Fair For Employees, Unfair For Companies
- How best can managers ensure employees are motivated at work?
- happy employees make productive employees
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- Reasons Why Older Employees Are Often Resistant To Change.
- Unhappy Employees
- Using Relevant Theories And Examples, Explain How Motivation Can Affect Employees' Commitment And Performance At Work.
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