Offshoring Is

question 35

Multiple Choice

Offshoring is

• A)asking an outside organization to perform functions that could have been performed within the organization.
• B)the movement of a business practice from one country to another country.
• C)purchasing a firm from a foreign country.
• D)most prevalent in the auto industry.

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Definitions:

Protective Rights

Rights designed to protect the interest of the party holding those rights without giving that party power over the entity to which those rights relate.

Shared Control

A situation in business where two or more parties have the rights to govern the financial and operating policies of an enterprise in a way that both have significant influence but not full control over it.

Relevant Activities

Actions or decisions that significantly affect an entity's returns, influencing financial performance and outcomes.

Potential Rights

Rights that currently do not exist but may be obtained in the future, providing the holder with the ability to influence control or decision-making.