O A. An integrated approach configuring processes, products, and people to match costs to the activities that need to be performed for operating effectively and efficiently in the present and future. OB. A comparison of the quantity of output produced with the quantity of an individual input used. OC. The amount of productive capacity available over and above the productive capacity employed to meet customer demand in the current period. D. An organization's ability to achieve lower costs relative to competitors through productivity and efficiency improvements, elimination of waste, and tight cost control.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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What is downsizing?
A. An integrated approach configuring processes, products, and people to match costs to the activities that need to be performed for
operating effectively and efficiently in the present and future.
B. A comparison of the quantity of output produced with the quantity of an individual input used.
C. The amount of productive capacity available over and above the productive capacity employed to meet customer demand in the current
period.
D. An organization's ability to achieve lower costs relative to competitors through productivity and efficiency improvements, elimination
of waste, and tight cost control.
Transcribed Image Text:What is downsizing? A. An integrated approach configuring processes, products, and people to match costs to the activities that need to be performed for operating effectively and efficiently in the present and future. B. A comparison of the quantity of output produced with the quantity of an individual input used. C. The amount of productive capacity available over and above the productive capacity employed to meet customer demand in the current period. D. An organization's ability to achieve lower costs relative to competitors through productivity and efficiency improvements, elimination of waste, and tight cost control.
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