Which of the following is a method companies use to reduce their labor costs?
A)Paying overtime to get a job done in fewer days
B)Offshoring
C)Both paying overtime to get a job done in fewer days and offshoring.
D)None of these ans choices are correct.

Question

Quizplus · Accepted Answer

Offshoring is a method companies use to reduce their labor costs. It involves moving jobs to countries where labor is cheaper, allowing companies to pay lower wages and benefits. Paying overtime to get a job done in fewer days may increase labor costs in the short term, and it is not a sustainable long-term strategy for reducing labor costs. Therefore, Choice A is not correct. Option C is not entirely correct, as only one of the mentioned methods, offshoring, is used to reduce labor costs. Therefore, the correct answer is B.

Which of the Following Is a Method Companies Use to Reduce