Which of the Following Statements Is True of Offshore Outsourcing

question 68

Multiple Choice

Which of the following statements is true of offshore outsourcing?

• A) Improved telecommunication systems have increased its attractiveness.
• B) The increased cost of communication has reduced its popularity.
• C) The limited availability of the Internet has reduced its effectiveness.
• D) Reduced bandwidth has increased its efficiency to perform with low latency.

---

Definitions:

Price

The payment in money foreseen, mandatory, or supplied in exchange for something.

Pure Monopolist

A market structure in which a single company has exclusive control over the supply of a product or service, with no close substitutes.

Monopoly Profit

The excess earnings that a monopolist can secure over and above the earnings that could be achieved in a competitive market, due to the control over market prices.

Purely Monopolistic

A market structure in which a single company exclusively owns, produces, and sells a specific product or service, facing no competition.