Moving a Company's Business Processes to a Foreign Country Is

question 142

Multiple Choice

Moving a company's business processes to a foreign country is referred to as

• A)Outsourcing.
• B)Offsourcing.
• C)Offshoring.
• D)Outshoring.

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Definitions:

Creditors

Individuals or entities to whom money is owed by a debtor, usually in the form of loans or credit extended for business operations.

Millions

A numeric unit indicating one thousand thousand (1,000,000) of any quantity.

Net Working Capital

The difference between a company’s current assets and its current liabilities, indicating short-term financial health.

Taxable Income

The amount of income subject to tax, after all deductions and exemptions are taken into account.