Moving a company's business processes to a foreign country is referred to as
A)outsourcing.
B)offsourcing.
C)offshoring.
D)outshoring.

Question

Quizplus · Accepted Answer

Offshoring is the process of relocating some business operations or processes to another country. This is commonly done to reduce costs or tap into a foreign market. Outsourcing, on the other hand, refers to contracting out work to an external company or service provider, whether that be within the same country or in a foreign country. Offsourcing and outshoring are not commonly used or recognized terms.

Moving a Company's Business Processes to a Foreign Country Is