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.

Question

Quizplus · Accepted Answer

Shared service centers consolidate different HR functions into a single location, eliminate redundancy, reduce administrative costs, and process all HR transactions at one time.

Offshoring Is Defined As