Offshoring provides the company with access to foreign markets while avoiding ________.
A)relocation of the company to other countries
B)competition between companies in the global market
C)trade risks
D)trade barriers

Question

Quizplus · Accepted Answer

Offshoring allows a company to access foreign markets without having to relocate the entire company. By moving operations to another country, the company can also potentially avoid trade barriers such as tariffs or other forms of protectionism that can make it difficult to do business in certain foreign markets. However, offshoring also comes with its own set of risks and challenges, including cultural differences, language barriers, and logistical complexities.

Offshoring Provides the Company with Access to Foreign Markets While