Final Answer:
Reengineering affects HRM in two ways: B) It may result in downsizing or restructuring.
Step-by-step explanation:
Reengineering, a strategic process aimed at improving organizational performance, can impact Human Resource Management (HRM) in various ways. Option B correctly highlights that reengineering efforts may lead to downsizing or restructuring within an organization. This is because reengineering often involves redesigning processes, workflows, and organizational structures to enhance efficiency and effectiveness. While it can simplify certain aspects of HRM, such as optimizing recruitment processes, the primary impact is often on workforce size and structure.
Options A (simplifying the recruitment process), C (increasing employee benefits), and D (improving training programs) are not typically the primary focus areas of reengineering. The primary emphasis is on making significant changes to the overall structure and processes to achieve better organizational outcomes.
Option B is the answer.