Offshoring Assumes That a Firm Will Use Relatively Lower­

question 67

Multiple Choice

Offshoring assumes that a firm will use relatively lower­
Cost foreign labor.However, there are other
Considerations involved, such as:
I.higher taxes and higher costs of construction,
Electricity, and fuel.
II.higher capital costs.
III.higher transportation costs.

• A)I
• B)II
• C)III
• D)I, II, and III

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Definitions:

Resource Limitations

Constraints on the availability or access to resources, such as time, money, materials, and labor, that can affect the execution of plans or projects.

Change Management

The approach to transitioning individuals, teams, and organizations to a desired future state, managing the process of change effectively.

Developing New Competencies

The process of acquiring and mastering new skills or capabilities to adapt to changes or improve performance.

Sustaining Momentum

The ongoing effort to maintain progress or activity towards achieving a goal despite challenges.