Which of the following statements is true of offshoring?
A) It is invariably the same thing as outsourcing.
B) It typically involves arranging for other organizations to perform value chain functions that were previously performed internally.
C) It is essentially the opposite of vertical integration.
D) It means moving processes previously performed domestically to a foreign location.

Question

Quizplus · Accepted Answer

Offshoring refers to relocating business processes or production to a foreign country, often to leverage cost advantages. It is not the same as outsourcing, which involves contracting out services to third parties, regardless of location.

Which of the Following Statements Is True of Offshoring