The Practice of Outsourcing Has Been Given a Boost by

question 365

Multiple Choice

The practice of outsourcing has been given a boost by

• A) advances in telecommunications and computer networking.
• B) support from organized labor.
• C) firms that are becoming more risk-averse.
• D) sharp increases in the cost of overseas labor.

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Definitions:

Reagan Administration

The presidential term of Ronald Reagan, the 40th President of the United States, from 1981 to 1989, known for its conservative policies and the end of the Cold War.

Weapons Deal

An agreement between parties, typically countries or organizations, for the sale and purchase of military arms and equipment.

Oliver North

A former United States Marine Corps lieutenant colonel involved in the Iran-Contra affair during the Reagan administration, known for his role in the sale of arms to Iran.

Nicaragua

A country in Central America known for its dramatic terrain of lakes, volcanoes, and beaches.