Engaging in the international division of labor so as to obtain the cheapest sources of labor and supplies regardless of country is referred to as
A) franchising.
B) licensing.
C) market entry strategy.
D) outsourcing.
E) activity.

Question

Quizplus · Accepted Answer

The term that refers to engaging in the international division of labor to obtain the cheapest sources of labor and supplies regardless of country is outsourcing. Franchising, licensing, and market entry strategy do not necessarily involve seeking the cheapest sources of resources and labor. "Activity" is not a relevant term in this context.

Engaging in the International Division of Labor So as to Obtain