All of the Following Are Arguments Used by Proponents of Offshoring

question 50

Multiple Choice

All of the following are arguments used by proponents of offshoring EXCEPT:

• A)It is not true that some US employees may lose their jobs.
• B)Western firms are able to tap into low-cost and high-quality labor.
• C) Firms can focus on their core capabilities.
• D) It creates enormous value for firms and economies.

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Definitions:

Participatory Process

A decision-making approach that involves input and active involvement from all stakeholders or group members.

Budgeting

The process of creating a plan to spend your money over a specified period, outlining projected income and expenses.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specified period, helping manage cash flow and liquidity.

Capital Expenditures Budget

A budget that outlines planned investments in long-term assets and projects, emphasizing spending on acquiring or upgrading physical assets.