Offshoring is defined as the use of components or labor from outside suppliers.

Name: Offshoring is defined as the use of components or labor from outside suppliers.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Offshoring refers to relocating a business process from one country to another—typically an operational process, such as manufacturing, or supporting processes, like accounting. The use of components or labor from outside suppliers is known as outsourcing.

Offshoring Is Defined as the Use of Components or Labor