Some of the Often "Hidden Costs" of Outsourcing Include Training

question 30

Multiple Choice

Some of the often "hidden costs" of outsourcing include training internal employees to become relationship managers rather than technical managers. The hidden costs also include ______________________________________ required to thwart labor disputes.

• A) "golden parachutes," severance packages, temporary employees, and supervision
• B) retention bonuses, severance packages, employee turnover, and management time
• C) retention bonuses, employee training, redundant activities, and management time
• D) management time, severance packages, employee training, and "golden parachutes"
• E) performance bonuses, temporary employees, employee turnover, and employee training

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Definitions:

Brain Drain

The emigration of highly skilled or educated individuals from a particular country or region to another, often for better opportunities.

Remittances

Money sent back home by migrants to their family or others in their country of origin, contributing significantly to the economy of the receiving country.

Gross Domestic Product

The overall value, whether in market prices or monetary terms, of all final goods and services produced within the territorial limits of a country in a specific period.

Income Inequality

The unequal distribution of household or individual income across the various participants in an economy.