Engaging in the international division of labour so as to obtain the cheapest sources of labour and supplies regardless of country is referred to as:
A) franchising
B) licensing
C) market entry strategy
D) outsourcing
E) activity.

Question

Quizplus · Accepted Answer

Outsourcing involves engaging in the international division of labor to obtain the cheapest sources of labor and supplies regardless of the country. Franchising and licensing involve granting permission to use a company's brand and business model in exchange for fees and royalties, while market entry strategy refers to the method used to enter a foreign market. Activity is too broad to be a relevant answer to the question.

Engaging in the International Division of Labour So as to Obtain