The Main Reason for Offshore Outsourcing Is the Same as Domestic

question 55

True/False

The main reason for offshore outsourcing is the same as domestic outsourcing: lower bottom-line costs.

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Definitions:

Authority

The power or right to give orders, make decisions, and enforce obedience.

Downsizing Strategy

A business strategy involving the reduction of a company's workforce in order to cut costs and improve efficiency or profitability.

Voluntary Severance

An option allowing employees to choose to leave their positions in exchange for a pre-determined compensation package.

Work Redesign

The process of altering jobs and work processes to improve employee satisfaction and productivity.