Owing to financial problems in the organization, the top management of an investment bank decided to reduce the number of middle managers by 10 percent. this is an example of _____.
Had to look for the missing options and here is my answer.
The term that best fits the blank provided is RESTRUCTURING. From the term itself restructuring, this means that there are some changes made within the company in order to acquire greater profit and efficiency. This can also be done in order to adapt to any market changes. Hope this answer helps.
