Globalization of Resource Markets Has Resulted in the Business Practice

question 268

Multiple Choice

Globalization of resource markets has resulted in the business practice of offshoring, which involves

• A) only an outflow of jobs away from the U.S.
• B) no possible expansion of jobs in the U.S.
• C) huge losses to consumers in the U.S.
• D) both an outflow as well as an inflow of jobs in the U.S.

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Definitions:

Responsive

Being quick to react or respond positively or effectively to suggestions, requests, or changes.

Company's Needs

The requirements or demands of a business that must be met to achieve its objectives, including resources, workforce skills, and infrastructure.

Task Identity

The degree to which a job requires completion of a whole and identifiable piece of work.

Job Enrichment

A method of motivating employees by enhancing the quality of their job roles with more challenging and meaningful tasks, leading to higher job satisfaction.