Which Statement Best Describes Offshoring

question 98

Multiple Choice

Which statement best describes offshoring?

• A) It is the practice of having another company provide services.
• B) It refers to moving operations from the country where a company is headquartered to a country where pay rates are lower but the necessary skills are available.
• C) It is a method of staffing other than the traditional hiring of full-time employees.
• D) It is a complete review of the organization's critical work processes to make them more efficient and able to deliver higher quality of products and services.
• E) It refers to acquiring a new company in a distant location or another country in order to acquire higher market share or growth.

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Definitions:

Trance

A state of mind in which a person loses voluntary action and is highly responsive to suggestion or direction, often used in spiritual or therapeutic settings.

Rain

Precipitation in the form of water droplets that fall from clouds in the atmosphere to the Earth's surface.

Myth

A classic tale, often relating to the ancient history of a community or interpreting a natural or societal event, usually featuring mythical creatures or occurrences.

Greek

Relating to Greece, its people, or its language, which has a significant history and contribution to the arts, politics, philosophy, and science.