In Order to Take Advantage of the High Quality Talent

question 39

Multiple Choice

In order to take advantage of the high quality talent pool,Ernst & Young sets up operations in the Philippines and moves part of its tax services to its new facility.Identify this strategy.

• A) outsourcing
• B) franchising
• C) offshoring
• D) importing
• E) liquidating

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Definitions:

Freight Costs

Charges incurred for transporting goods between places, typically included as part of the cost of goods sold or inventory.

FOB Destination

A shipping term meaning the seller retains the risk and ownership of goods until they are delivered to the buyer's location.

Freight Charges

Costs associated with transporting goods from one place to another, often paid by the buyer or seller depending on terms of sale.

Perpetual Inventory System

An inventory tracking system that updates item balances after each purchase or sale, providing a continuous record of inventory.