Offshore Outsourcing Occurs When Using Organizations from Developing Countries to Write

question 12

True/False

Offshore outsourcing occurs when using organizations from developing countries to write code and develop systems. In offshore outsourcing the country is geographically far away.

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Definitions:

Province

A principal administrative division of certain countries or territories.

Good

A material item or service that can be bought, sold, or traded to satisfy a want or need.

Opportunity Cost

The value of the next best alternative forgone as the result of making a decision.

Optimum

The most favorable condition or level at which the best possible outcome or maximum efficiency is achieved.