Which Statement Best Reflects the Current View on the Efficacy

question 51

Multiple Choice

Which statement best reflects the current view on the efficacy of offshoring as a cost reduction measure?

• A) While organizations can save with this practice, hidden costs, such as productivity loss during the transition, can chew up much of the financial gains.
• B) The practice of offshoring has been one of the most positive HR trends of the past ten years.
• C) The continuous shifting of global economies makes offshoring a necessary function for organizations to survive.
• D) Offshoring only works if top managers begin early in the process to plan their key strategies, such as alternative talent pools and workforce training.

---

Definitions:

Competitive Position

The standing or ranking of an organization in relation to its competitors, based on factors like market share, strength, product quality, or brand reputation.

Competitive Scope

Competitive scope involves the breadth, domain, or range of arenas in which a company chooses to compete, determining its market reach and focus.

Divestiture Strategy

A business strategy involving the sale, closure, or spinoff of a company division or segment to refine its core operations or generate capital.

Corporate Strategy

The overall direction and scope of a corporation, including how it selects and manages its businesses and investments to achieve long-term goals.