Offshoring Is a Good Method of Globalization for a Manufacturing

question 64

True/False

Offshoring is a good method of globalization for a manufacturing organization because it reduces labor force costs as well as production costs.

---

Definitions:

Charismatic Leadership

A leadership style characterized by an individual's ability to inspire, motivate, and capture the followership of others through their charisma and persuasive talents.

Charisma

A personal quality characterized by the ability to attract, influence, and inspire others through personal charm or appeal.

Innovation

The process of introducing new ideas, products, or methods to improve efficiency, effectiveness, or competitive advantage.

Economic Value

The worth of a good or service determined by the market, reflecting its ability to satisfy human needs or wants.