Outsourcing to a Company Located in the Same Time Zone

question 6

Multiple Choice

Outsourcing to a company located in the same time zone is referred to as which type of sourcing?

• A) Farshoring
• B) Nearshoring
• C) Zoneshoring
• D) Insourcing
• E) Cloud computing

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Definitions:

Assembly Departments

Sections within a manufacturing facility where components are assembled into final products.

Residual Income

The income that an individual or business has after all expenses and costs, including capital costs, have been subtracted.

Investment Opportunity

A potential financial venture, project, or mechanism expected to yield returns or benefits.

Required Rate of Return

The minimum yearly return percentage required to attract individual or corporate investors to a specific security or project.