The main reason why firms consider offshoring is to:
A)decrease their labor costs.
B)decrease their transportation costs.
C)decrease their construction costs.
D)decrease their "trade costs."

Question

Quizplus · Accepted Answer

Offshoring is mainly done to reduce labor costs by relocating the manufacturing or services to countries where labor is cheaper. This allows firms to take advantage of cost-effective labor markets and reduce operational costs.

The Main Reason Why Firms Consider Offshoring Is To