The goal of ___ is to take advantage of international wage gaps and the availability of skilled labour by contracting for goods and services in low-cost foreign locations.
A) exporting
B) importing
C) licensing
D) global sourcing
E) direct investment

Question

Quizplus · Accepted Answer

The description provided matches the definition of global sourcing, which involves outsourcing to low-cost foreign locations for goods and services. The other options, exporting, importing, licensing, and direct investment, do not necessarily involve taking advantage of international wage gaps and the availability of skilled labor as a primary motivation.

The Goal of ___ Is to Take Advantage of International