The primary benefit brought from restructuring is:
A. employee involvement
B. cost reduction
C. increased morale
D. increased number and organizational hierarchy
Answer: Option B
Solution(By Examveda Team)
The primary benefit brought from restructuring is cost reduction. Cost reduction is to be understood as the achievement of real and permanent reduction in the unit cost of goods manufactured or services rendered without impairing their suitability for the use intended or diminution in the quality of product.Related Questions on Strategic Management
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A. planning mode
B. adaptive mode
C. strategic mode
D. entrepreneurial mode
Stability strategy is a ____________ strategy
A. corporate level
B. business level
C. functional level
D. strategic level
What are the means by which long term objectives will be achieved?
A. Strategies
B. Policies
C. Strength
D. Opportunities
Marketing strategy is a ___________ type of strategy
A. business level
B. Growth strategy
C. corporate strategy
D. functional strategy
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