Question

Which statement best describes offshoring?

A) It is the practice of having another company provide services.

B) It refers to 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) It is a method of staffing other than the traditional hiring of full-time employees.

D) It is 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) It refers to acquiring a new company in a distant location or another country in order to acquire higher market share or growth.

Answer

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