Final answer:
A restructuring program directed by management that alters the scope or operations of a business is true. It can involve layoffs, factory closures, or moving production to cut costs, impacting employees and economies.
Step-by-step explanation:
A restructuring program planned and controlled by management that changes either the scope of a business or the manner in which business is conducted is indeed true. It often involves significant changes including layoffs, closing of factories, or shifting production to countries with lower operating costs. This form of business adjustment can lead to significant alterations in a company’s operations and can have profound effects on employees and local economies. Restructuring may also involve reorganizing a company's internal structure, updating its business model, or adopting new technologies to improve competitiveness.