_____ involves contracting with independent suppliers outside the organization (domestic or foreign) to provide products or services that were performed inside the organization.
A)Re-shoring
B)Nearshoring
C)Outsourcing
D)offshoring
E)International purchasing

Question

Quizplus · Accepted Answer

Outsourcing involves contracting with external suppliers, whether domestic or foreign, to provide services or products that were previously performed by internal resources. Re-shoring refers to bringing back productions to the home country, nearshoring means contracting with suppliers geographically closer to the home country, offshoring involves contracting with foreign suppliers for products or services, and international purchasing refers to buying goods or services from foreign suppliers.

_____ Involves Contracting with Independent Suppliers Outside the Organization (Domestic