The terms outsourcing and offshoring are:
A)Identical in meaning.
B)Two completely separate concepts.
C) Closely related but not identical in meaning.
D) Descriptive of activities to be avoided.

Question

The terms outsourcing and offshoring are:
A)​Identical in meaning.
B)​Two completely separate concepts.
C) ​Closely related but not identical in meaning.
D) ​Descriptive of activities to be avoided.

Quizplus · Accepted Answer

Outsourcing refers to contracting work to an external company or individual, while offshoring specifically involves moving business operations to a different country. While they are often used together, they are not always the same thing. For example, a company may outsource work to a local contractor rather than an offshore company.

The Terms Outsourcing and Offshoring Are