A particular restaurant experiences a decrease in business, and this leads to a budget deficit. To balance the budget, the management initially pares down the menu so that there is less spoilage. Management then dismisses the busboys and buys an inferior quality of meat and fish. Finally, management fires several waiters and waitresses and increases the workload of those who remain. These actions illustrate .

These actions illustrate downsizing

Explanation:

In this scenario the management began to downsize by firstly cutting down is menu

Laying of unproductive workers (bus boys)

Buys cheaper raw materials

Reduces labor and employed division of labor

What is Downsizing?

Downsizing is a reduction in organizational size and operating costs implemented by management in order to improve organizational efficiency,productivity, and/or the competitiveness of the organization

downsizing

Explanation:

Downsizing in business refers to the cost-cutting method employed by the management of a company in order to reduce the organizational size as well as keep the operating costs to the barest minimum to cushion the effect of having a budget deficit or experiencing a downturn. Downsizing majorly involves laying off of workers.

The actions taken by the restaurant in the question, given the downturn it is experiencing in business, clearly illustrate downsizing as a way the restaurant hopes to cut down the operating costs of the business.

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