Which of the Following Terms Refers to Having Local Employees

question 78

Multiple Choice

Which of the following terms refers to having local employees abroad do jobs that the firm's domestic employees previously did in-house?

• A) adapting
• B) offshoring
• C) enlarging
• D) downsizing
• E) diversifying

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Definitions:

Financial Services

Industries that manage money, including banks, credit unions, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, and some government-sponsored enterprises.

Networking

The act of connecting with individuals or groups to exchange information and develop professional or social contacts.

Trade Show

An exhibition where companies in a specific industry showcase and demonstrate their new products and services.

Consumer Electronics

Electronic equipment intended for everyday use, typically in private homes, such as smartphones, televisions, and computers.