The Text Defines "Offshoring" As

question 111

Multiple Choice

The text defines "offshoring" as:

• A) Relocation of an organization's business processes to a lower-cost location, usually overseas
• B) Relocation of an organization's business processes to another firm better qualified to handle those processes
• C) Relocation of an organization's production, but not services, to a lower-cost location
• D) Complete and total IT outsourcing

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Definitions:

Environmentally Depleted

Describes a state where natural resources have been consumed or harmed to a point that significantly lowers ecological quality or capacity.

Private Owners

Individuals or entities that hold exclusive legal rights over properties or businesses, allowing them control over use, management, and transfer of the ownership.

Sustainable Development

Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

Economic Development

The process of improving the economic, political, and social well-being of a community or country.