Adams Inc., an automobile corporation based in London, shifts its manufacturing activities to China in order to minimize its cost of production. Which strategy has is Adams Inc. adopted here?
A) Repatriation
B) Nationalization
C) Backshoring
D) Offshoring
E) Reshoring

Question

Quizplus · Accepted Answer

Adams Inc. has adopted the strategy of offshoring since it has moved its manufacturing activities from London to China to minimize production costs.

Adams Inc, an Automobile Corporation Based in London, Shifts Its Manufacturing