1. Restructuring
... to achieve greater organization efficiency by job elimination" (Stone, 1998, P.585). The corporate restructuring of organizations divided into two types: financial restructuring, and organizational restructuring (Cappelli et al, 1997). Bowman & Singh (cited in Cappelli, 1997) stated corporate restructuring refers to change in the company's financial structure, organizational form, or both. Financial restructuring refers ... to change in ownership, management buyouts and divestitures. Organizational restructuring refers to decentralization of authority, development of team, and downsizing...
- Word Count: 1136
- Approx Pages: 5
- Grade Level: Undergraduate