1 Stephen Roach has urged firms to reduce the size of their workforce. Many firms, like AT&T, have adopted this strategy, making tens of thousands of workers redundant. Produce a report for a large multinational summarising the advantages of down-sizing.
2 Produce a second report explaining why, in the light of Stephen Roach's recent comments, down-sizing is 'ill-conceived short-termism'.
3 Evaluate the opposing viewpoints. In your view, which strategy is best if the firm wishes to achieve long-term growth?
