What Is the Difference Between "Off Shoring" and "Outsourcing

question 25

Multiple Choice

What is the difference between "off shoring" and "outsourcing"?

• A)Off shoring refers to manufacturing in others countries,while outsourcing refers to buying raw materials in other countries.
• B)Off shoring is an activity of MNCs,while outsourcing is an activity of purely domestic firms.
• C)Off shoring refers to obtaining foreign labor to work on domestic projects,while outsourcing refers to using contract domestic labor for domestic projects.
• D)There is no difference,they are interchangeable terms.

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Definitions:

Unobservable States

Refers to internal processes or conditions that cannot be directly observed or measured, such as thoughts, feelings, or intentions.

Behaviourism

A theory of learning that focuses on observable behaviors and discounts mental activities, asserting that behavior is a result of environmental stimuli.

Observable Behaviour

Actions of individuals that can be seen and measured, often used in psychological studies to understand and predict human behaviors.

Psychology

The scientific study of the mind and behavior, encompassing various aspects of conscious and unconscious experience as well as thought.