Which of the Following Is an Advantage of Offshoring

question 32

Multiple Choice

Which of the following is an advantage of offshoring?

• A)It reduces supply chain risks for a company.
• B)It decreases labor costs incurred by a company.
• C)It enables a company to relocate outsourced operations closer to home.
• D)It reduces the fuel costs spent on transporting goods.

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Definitions:

Historical Trends

Patterns or tendencies identified over time in history, reflecting changes in society, culture, economy, or politics.

Behaviorism

A school of thought that emphasizes the role of environmental forces in producing behavior.

Environment Influence

The effect of surroundings, upbringing, and external conditions on an individual's development, behavior, and genetics.

Cognitive Psychologist

A professional who studies mental processes such as perception, memory, problem-solving, and decision-making.