0 actions taken to reduce the amount that is spent on a service or within an organization:
1 the process of reducing how much a company or organization spends:
Thus, the switch to defined contributions is primarily a cost-cutting exercise.
It was unique in blending a strategy of cost-cutting and concentrated investment.
Consensus-building strategies may depoliticise a modest cost-cutting program, yet almost by definition they rely upon leaders framing issues around the status quo.
Respondents did not understand the concepts of strategic alignment very well and this also contributes to a climate of short-term perspectives, cost-cutting and distrust.
Also in a cost-cutting drive to combat the serious decline in income, the aristocratic retainers were cut from the budget.
Approximately half saw a contradiction between their professional autonomy and cost-cutting healthcare policies, and approximately two-thirds expressed concern about malpractice suits.
As objectives become increasingly ideological, seemingly pragmatic aims - for instance cost-cutting measures - develop into social commentaries, value judgements apropos the application and bestowal of citizen's rights.
Managers, clinicians, and researchers who are prone to organizational flexibility, that is, working in professional and scientific networks, are inclined to set priorities above and beyond cost-cutting.