Offshoring is defined as:

A. a practice of having another company provide services.
B. moving operations from the country where a company is headquartered to a country where pay rates are lower but the necessary skills are available.
C. a method of staffing other than the traditional hiring of full-time employees.
D. a complete review of the organization's critical work processes to make them more efficient and able to deliver higher quality of products and services.
E. the act of acquiring a new company in a distant location or another country in order to acquire higher market share or growth.

Answer: B. moving operations from the country where a company is headquartered to a country where pay rates are lower but the necessary skills are available.

Business

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