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)Neither paying overtime to get a job done in fewer days nor offshoring

Question

Quizplus · Accepted Answer

Offshoring involves moving jobs to countries where labor costs are lower, which can help companies reduce their labor costs. Paying overtime may help get a job done faster, but it does not necessarily reduce labor costs as the company would still be paying the same hourly rate for each hour worked.

Which of the Following Is a Method Companies Use to Reduce