Which of the Following Is a Major Advantage of Offshoring

question 72

Multiple Choice

Which of the following is a major advantage of offshoring?

• A) It reduces supply chain risks for a company.
• B) It decreases labor costs incurred by a company.
• C) It enables a company to relocate outsourced operations closer to home.
• D) It reduces the fuel costs spent on transporting goods.

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Definitions:

Overlapping Memberships

The condition in which individuals belong to multiple groups or teams at the same time, potentially fostering broader communication and innovation.

Subcommittee

A smaller group formed from a larger committee or assembly, tasked with addressing specific issues or tasks.

Budget Distributions

Budget Distributions involve allocating financial resources among different departments, projects, or sectors within an organization according to strategic priorities.

Intergroup Empathy Bias

A tendency to empathize more with individuals within one's own group compared to those outside the group.