_____ Refers to the Concept of Moving Jobs Overseas in Order

question 64

Multiple Choice

_____ refers to the concept of moving jobs overseas in order to contain costs.

• A) Greenfield venturing
• B) Licensing
• C) Franchising
• D) Offshoring
• E) Insourcing

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Definitions:

Implied Powers

Powers not explicitly stated in a constitution or legal document but deemed necessary to fulfill governmental duties.

State and Federal Constitutions

The fundamental laws and principles that establish the structure, functions, and limits of state and federal governments in the U.S.

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders; it has its own rights and liabilities.

Shareholders

Individuals or entities that own shares in a corporation, thereby having a claim on part of the corporation's assets and earnings.