Which of the following refers to engaging in the international division of labour so as to obtain the cheapest sources of labour regardless of country?
A) Franchising
B) Licensing
C) Market entry strategy
D) Outsourcing
E) Activity

Question

Quizplus · Accepted Answer

Outsourcing refers to engaging in the international division of labour so as to obtain the cheapest sources of labour regardless of country. Franchising and licensing refer to different modes of business expansion, market entry strategy involves strategies for entering a new market, and activity is a broad term with no clear definition in this context.

Which of the Following Refers to Engaging in the International