Which Statement Best Reflects the Current View on the Efficacy

question 1

Multiple Choice

Which statement best reflects the current view on the efficacy of offshoring as a cost reduction measure?

• A)While organizations can save with this practice,hidden costs,such as productivity loss during the transition,can chew up much of the financial gains.
• B)The practice of offshoring has been one of the most positive HR trends of the last ten years.
• C)The continuous shifting of global economies makes offshoring a necessary function for organizations to survive.
• D)Offshoring only works if top managers begin early in the process to plan their key strategies,such as alternative talent pools and workforce training.

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Definitions:

Debt Retirement

The process of paying off debt before or at its maturity date, effectively removing it from the company's balance sheet.

Transitory Components

Elements of a company's financial records that are expected to be temporary and not indicative of ongoing operational performance.

Sustainable Cash Flows

Cash flows that are expected to continue at a certain level in the future without significantly depleting the resources generating them.

Reported Earnings

The income figure publicly announced by a company, typically on a quarterly or annual basis, reflecting financial performance.