XLT Corp. used __________ when it moved jobs from India to Mexico, which is closer to its domestic market in the United States.
A)nearshoring
B)outsourcing
C)homeshoring
D)furloughing

Question

Quizplus · Accepted Answer

The term for XLT Corp.'s strategy is nearshoring, which involves relocating business operations closer to the domestic market, often in neighboring countries, to reduce costs and improve operational efficiency. Outsourcing involves contracting work to a third-party company or vendor, homeshoring refers to telecommuting or remote work from home, and furloughing is a temporary layoff of employees.

XLT Corp Used __________ When It Moved Jobs from India to to Mexico