The Recent Development Where General Motors Moved the Production of Some

question 23

Multiple Choice

The recent development where General Motors moved the production of some cars from Michigan to China can be described as

• A)insourcing.
• B)offshoring.
• C)onboarding.
• D)nearsourcing.

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Definitions:

Variable Costs

Costs that vary directly with the level of production or sales volume, such as raw materials or commissions.

True Performance

The actual output or results achieved by an employee, as opposed to perceived or estimated performance.

Canadian Companies

Businesses or corporations that are registered, based, or operate primarily in Canada.

Variable Pay

Compensation that is based on performance or outcomes, differing from fixed salaries and can include bonuses, commissions, or profit-sharing.