Relocating some or all of a business's activities or processes to a foreign location is:
A) offshoring.
B) outsourcing.
C) supply chain management.
D) subcontracting.
E) all of the above.

Question

Quizplus · Accepted Answer

Offshoring specifically refers to relocating business activities to a foreign location, whereas outsourcing can refer to contracting out any business function, not just to a foreign location. Supply chain management and subcontracting refer to specific aspects of business operations, but do not necessarily involve relocation to a foreign location.

Relocating Some or All of a Business's Activities or Processes