The Relocation of a Business Process or Entire Manufacturing Facility

question 100

Multiple Choice

The relocation of a business process or entire manufacturing facility to a foreign country is known as ________.

• A) offshoring
• B) captive sourcing
• C) outsourcing
• D) subsidizing

---

Definitions:

License Agreement

A legal contract between a licensor and a licensee allowing the latter to use, produce, or sell an invention, software, or trademark.

Sealed Package

A form of packaging that is securely closed or sealed, making the contents tamper-evident and ensuring the integrity of the product until it reaches the consumer.

United Nations Convention

A formal agreement or treaty developed and adopted by member states of the United Nations on various global issues.

Proposal

A formal offer or plan put forward for consideration or discussion by others.