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.

---

Definitions:

Disability Insurance

A type of insurance that provides income in the event that a worker is unable to perform their work and earn money due to a disability.

Disabling Condition

A physical or mental condition that significantly restricts one or more major life activities.

Salary Percentage

A portion or fraction of an employee's salary, often used in contexts such as salary increases or deductions, expressed as a percentage.

Probationary Period

A trial period at the beginning of employment to assess a new employee's suitability for the job.