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Compared to Outsourcing, Nearshoring Offers Certain Advantages Such as Similar

question 14

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Compared to outsourcing, nearshoring offers certain advantages such as similar time zones, cultural and linguistic affinity, geographical proximity, as well as economic, political, or historical linkages.


Definitions:

Lack of Parking

The insufficient availability of parking spaces, which can deter potential customers from visiting a business location, affecting its foot traffic and sales.

Quality Restaurants

Dining establishments known for their high standards in food preparation, service, and overall dining experience.

Exposure to the Weather

The condition of being subjected to atmospheric conditions or elements like sun, rain, wind, etc., which can affect people, products, or materials outdoors.

Single-Price Retailer

A single-price retailer is a retail business model where all items in the store are sold at the same price point, simplifying the shopping experience for consumers.

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