The use of professional or skilled workers located in countries other than that of the home country is referred to as ________.
A)franchising
B)licensing
C)outsourcing
D)importing

Question

Quizplus · Accepted Answer

Outsourcing refers to the practice of hiring professionals or skilled workers from other countries to provide services or perform tasks that could be done in-house. This can be done to reduce operating costs or to access specialized skills that may not be available locally. Franchising and licensing, on the other hand, involve granting rights to use an established business model or trademark to another party. Importing refers to the practice of bringing goods or services from another country into one's home country.

The Use of Professional or Skilled Workers Located in Countries