_____ Refers to Work That Is Contracted to a Nondomestic

question 35

Multiple Choice

_____ refers to work that is contracted to a nondomestic third party.

• A)Homesourcing
• B)International outsourcing
• C)Open-sourcing
• D)Offshoring
• E)Importing

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Definitions:

Markov Analysis

A mathematical technique used for forecasting future occurrences based on current and historical data to identify likely transitions.

External Forces

Factors outside an organization that can affect its operations and success, such as economic conditions, competition, and regulatory changes.

Severance Pay

Severance pay is compensation provided to an employee after termination from a job, usually based on length of service or the terms of employment.

Terminated Employees

Individuals whose employment has been ended by their employer, for reasons that may include redundancy, misconduct, or mutual agreement.