DigiSmart,a manufacturer of electronic goods in Canada,has moved its manufacturing operations to Costa Rica.This move has helped the company to reduce its production costs and also allowed it to focus on the product design and research activities that lead to new products.The movement of business in this case is an example of _____.

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Offshoring refers to the movement of business operations to a foreign country to reduce costs and improve efficiency. In this case, DigiSmart moved its manufacturing operations to Costa Rica to reduce production costs while focusing on product design and research activities.

DigiSmart,a Manufacturer of Electronic Goods in Canada,has Moved Its Manufacturing