Offshoring Became a Concern in the 1980s When Modern Communication

question 26

True/False

Offshoring became a concern in the 1980s when modern communication and transport technology made it possible for firms to relocate production abroad.

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Definitions:

Altruistic Intelligence

The cognitive and emotional capacity to understand and act in the interest of others' welfare, above one's own interests.

Stanford-Binet

An intelligence test that measures cognitive abilities across five factors, used to assess intellectual development and potential.

Wechsler

Refers to a series of standardized tests used to evaluate cognitive abilities and intellectual abilities, including the Wechsler Adult Intelligence Scale (WAIS).

Tacit Knowledge

Knowledge that is difficult to transfer to another person by writing it down or verbalizing it, often acquired through personal experience.