Ask Question
4 August, 08:31

Offshoring takes place when a firm decides to shift an activity that they were previously performing in a foreign location to a domestic location. True or False True False

+5
Answers (1)
  1. 4 August, 11:01
    0
    Answer: False

    Explanation: An organization that sends work abroad, hiring foreign labour as a substitute for local labour is known as an offshorer. The process offshoring is occurs when an organization shifts an activity such as accounting or manufacturing etc. that they were performing in a domestic location to a foreign location. They tend to reduce costs in several ways while allowing more jobs to be created in high skilled areas.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Offshoring takes place when a firm decides to shift an activity that they were previously performing in a foreign location to a domestic ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers