Organizations Use Outsourcing as a Way to

question 53

Multiple Choice

Organizations use outsourcing as a way to

• A) reduce a labor surplus.
• B) operate more efficiently and save money.
• C) replace labor with technology.
• D) ease the transition from temporary worker to employee.
• E) hold onto good employees during a labor surplus until they can be hired back.

---

Definitions:

Global Managers

Individuals with expertise in navigating and managing business operations across diverse international markets.

Global Firm

A business entity that operates in multiple countries across the world, engaging in international trade or services.

Geocentric

Geocentric pertains to considering Earth as the center, or in business, it represents a global approach where policies and practices are applied universally across a multinational company, disregarding national boundaries.

Human Resources

The department within an organization that is responsible for managing employee-related functions, such as hiring, training, and benefits.