Offshoring refers to relocating some or all of a firm's manufacturing or other business processes to another country to reduce costs.

Name: Offshoring refers to relocating some or all of a firm's manufacturing or other business processes to another country to reduce costs.
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Offshoring is defined as relocating a portion or all of a company's business operations to a foreign country to reduce costs, take advantage of tax incentives, or gain access to new markets.

Offshoring Refers to Relocating Some or All of a Firm's