This Type of Outsourcing Is the Movement of a Business

question 33

Multiple Choice

This type of outsourcing is the movement of a business process (in whole or in part) done at a company in one country to another company in another, different country.

• A) Insourcing
• B) Rural sourcing
• C) Nearshoring
• D) Offshoring

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Definitions:

Probability

The quantification of the probability of an event happening, represented by a numerical value ranging from 0 to 1.

Central Limit Theorem

A statistical theory stating that the distribution of sample means approximates a normal distribution as the sample size becomes sufficiently large.

Sample Mean

The average of a sample set of numbers, calculated by adding up all the numbers and dividing by the count of numbers in the set.

Sample Mean

The average value of a sample set of numbers.