When Companies Outsource Functions to Another Country It Is Referred

question 17

Multiple Choice

When companies outsource functions to another country it is referred to as:

• A) green computing
• B) offshoring
• C) telecommuting
• D) the digital divide

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Definitions:

Telecommunications Network

An arrangement of computing and telecommunications resources for transmitting data and voice communications across distances.

Commercial Substance

The alteration in the economics of a transaction, indicating that the timing, amount, or security of the cash flows of an asset or liability is expected to change significantly.

Approval

is the formal consent required to validate or authorize certain actions or decisions, typically within a business or regulatory context.

Consideration

The value (usually monetary) that is given in exchange for goods, services, or an obligation in a contract.