The Most Important Reason Why Firms Consider Offshoring Is to Decrease

question 5

Multiple Choice

The most important reason why firms consider offshoring is to decrease their:

• A) labor costs.
• B) transportation costs.
• C) construction costs.
• D) "trade costs."

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Definitions:

Concise

Expressing or covering much in few words; brief in form but comprehensive in scope.

Electron Density

A measure of the probability of an electron being present in a specific location around an atom or molecule, important in determining molecular shape and bond strength.

Electron Wave

A quantum mechanical description of electrons as wave-like particles, significant in explaining the behavior of electrons in atoms and molecules.

π Bonds

Covalent chemical bonds resulting from the sidewise overlap of two atomic p orbitals, characterized by electron density above and below the axis of the bonded atoms.