Which of the following statements is true of inshoring and outsourcing?
A) Inshoring occurs when multinational firms enable individual subsidiaries to compete independently in domestic markets, while outsourcing occurs when markets throughout the world become alike.
B) Inshoring refers to a strategy of providing different product features, while outsourcing refers to a strategy of using a global vision to effectively market goods and services across national boundaries.
C) Inshoring occurs when several countries agree to work together to form a common trade area, while outsourcing occurs when prices of different currencies ''float'' up and down based on demand.
D) Inshoring refers to a strategy of returning production jobs to the United States, while outsourcing refers to a strategy of sending United States jobs to foreign countries.
Correct Answer:
Verified
Q7: Which of the following statements is true
Q32: Which of the following statements is true
Q53: The owners of Fashion Spell, an apparel
Q56: Write a note on the economic factors
Q59: Khokho's Coffee House was the first company
Q60: _ is a trade agreement that has
Q61: Discuss exports in the United States.
Q62: Explain franchising.
Q93: Currency markets operate under a system of
Q95: Which of the following statements is a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents