Restructuring Involves Contracting with Another Company in a Low-Cost Country

question 24

True/False

Restructuring involves contracting with another company in a low-cost country abroad to have it perform a work activity the organization previously performed itself.

---

Definitions:

Nonfinancial Rewards

Incentives other than money, such as recognition, training, or work-life balance improvements, offered to employees.

Personal Selling Process

A series of steps that a salesperson follows to engage potential buyers, understand their needs, make a sales presentation, address objections, and close the sale.

HVAC System

Heating, Ventilation, and Air Conditioning systems that manage the climate and air quality in buildings.

Sales Presentation

A detailed pitch or demonstration aimed at persuading potential customers to purchase a product or service, often involving a structured argument and visual aids.