Worldwide Banking Group HSBC Moving Its Back-Office Operations to China

question 81

Multiple Choice

Worldwide banking group HSBC moving its back-office operations to China and India is an example of ________.

• A) franchising
• B) liquidating
• C) offshoring
• D) internetworking
• E) cloud computing

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Definitions:

Psychosocial Stage

A concept in Erik Erikson's theory that describes eight stages through which a healthily developing human should pass from infancy to late adulthood.

Generativity Versus Stagnation

A stage in Erik Erikson's theory of psychosocial development where middle-aged adults face the challenge of contributing to society and helping the next generation or facing stagnation.

Hierarchy Of Needs

A theory in psychology proposed by Abraham Maslow, categorizing human needs into five levels, from basic survival needs to self-actualization.

Abraham Maslow

A psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.