Paper 2 · November 2023 · Downsizing, stock turnover, decision trees
In the passage on Salim Private Limited Company, deliberately reducing the scale of a business's operations to cut costs, here by dropping a flower variety, is best described as which term?
ADownsizing
BDiversification
CDelegation
DDivestment of a subsidiary company
Explanation
Downsizing is the deliberate reduction of a business's scale of operations to lower costs, exactly the strategy the passage describes Salim Pvt Ltd considering for its flower varieties.
Derived from ZIMSEC Business Studies Paper 2, November 2023, Q1