In _____, the Company Takes a Function Out of Its

question 73

Multiple Choice

In _____, the company takes a function out of its home country and places the function in another country, generally at a lower cost.

• A)offshoring
• B)co-sourcing
• C)importing
• D)open-sourcing
• E)homesourcing

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Definitions:

ABC Construction

Implies a generic name for a construction company and does not denote any particular entity unless specifically referenced.

XYZ Subcontractor

A generic term for a secondary contractor hired by the main contractor to perform specific tasks or duties in a larger project.

Mining Company

A business enterprise involved in the extraction of minerals, metals, or other geological materials from the earth's surface or subsurface.

Union Meetings

Gatherings of union members to discuss workplace issues, negotiate collective bargaining agreements, and make decisions regarding union activities.