Asked by
Joshua Hartwell
on Nov 06, 2024Verified
_____ is the transferring of manufacturing or other tasks-such as data processing-to countries where labor and supplies are less expensive.
A) Importing
B) Exporting
C) Outsourcing
D) Dumping
E) Insourcing
Outsourcing
The business practice of hiring a party outside a company to perform services or create goods that traditionally were performed in-house by the company's own employees.
Manufacturing
The activities and processes used in making tangible products; also called production.
- Comprehend various tactics and procedures for initiating and participating in the worldwide market.
Verified Answer
UK
Learning Objectives
- Comprehend various tactics and procedures for initiating and participating in the worldwide market.
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