Insourcing Creates New Jobs,and Helps Offset the Number of Jobs

question 35

True/False

Insourcing creates new jobs,and helps offset the number of jobs being outsourced.
Many companies are setting up design and production facilities here in the United States.For example,Hyundai is doing design and engineering work in Detroit and producing cars in Montgomery,Alabama.Such insourcing creates many new jobs,and helps offset the number of jobs being outsourced.

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Definitions:

Units Sold

The quantity of product sold in a specific period, often used as a measure of business performance.

Units of Production Depreciation

A method of depreciation where the useful life of an asset is based on the number of units it produces.

Fixed Product Cost

Costs associated with production that do not change with the level of output, such as salaries of permanent staff and depreciation of machinery.

Straight Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in equal annual amounts.