27. 3Ch. 5. The planned elimination of large numbers of personnel designed to enhance organizationaleffectiveness is known as downsizing. Which of the following reasons that downsizing fails isFALSE:Select one:O a.Long term effects of downsizing can be negative as it disrupts social networks needed forcreativity and flexibility.O b. Downsizing leads to the loss of people who are irreplaceable assets.O c.Employees who survive downsizing often become narrow-minded, self-absorbed, and risk-adverse.Downsizing can nurt the company's image in the labor market.O d.O e. Downsizing does not save money in the short-term.Clear my choiceCh. 7. Which of the following is TRUE about person analysis within the needs assessmentprocess? It involves:Select one:qualuated

Downsizing - It is also signified as restructuring and rightsizing. The purpose is to reduce the organizational size to improve operational efficiency and meet environmental challenges. When companies resort to downsizing, the primary purpose is to cut costs. Companies eliminate certain jobs with a view to cutting pay bills and improving work efficiency. Though downsizing seems to be an option that may have positive outcomes in the near term at least (like saving money), its long-term consequences are detrimental for all the concerned stakeholders. It adversely affects the reputation of the business both internally and externally. A trust deficit is created. Long-term effects of downsizing can be negative as it disrupts social networks needed for creativity and flexibility - Incorrect. Employees who survive downsizing often become narrow-minded, self-absorbed, and risk-averse - Incorrect. Downsizing leads to the loss of people who are irreplaceable assets - Incorrect Downsizing can hurt the company's image in the labor market - Incorrect. Downsizing does not save money in the short-term - Correct. Because all options are true except this one. Hence, the correct answer is downsizing does not save money in the short term.