International outsourcing involves:
A)Offshoring.
B)Onshoring.
C) Reshoring.
D) Captive sourcing.

Question

Quizplus · Accepted Answer

International outsourcing typically involves offshoring, which is the practice of hiring a company or individual located in another country to perform services or produce goods. This is usually done to take advantage of lower costs and/or specialized expertise available in the foreign market. Onshoring is the opposite of offshoring, where a company hires a domestic provider. Reshoring refers to bringing production back to the home country or moving it to a nearby location, while captive sourcing is the creation of a wholly-owned subsidiary to perform outsourced work.

International Outsourcing Involves