Offshoring Occurs When Firms

question 12

Multiple Choice

Offshoring occurs when firms:

• A) contract some of their work out to independent foreign companies.
• B) move all or part of their operations abroad to developing nations.
• C) actively scan foreign markets for new places to sell goods and services.
• D) transfer high-level executives abroad to be closer to production.

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Definitions:

Barriers

Obstacles or impediments that hinder progress, communication, or understanding between individuals or within processes.

Effective Listening

The practice of actively paying attention, understanding, responding, and remembering what is being communicated.

Conversations

The interactive and informal exchange of ideas and information between two or more people.

Distracting Emotional Noise

Refers to emotional disturbances that interfere with the ability to listen or communicate effectively.