Melrow Inc.,a U.S.firm,suffers heavy losses and lays off many of its employees.To reduce its manufacturing costs,it shifts its production units to another country where labor costs are less.In this scenario,Melrow Inc.is engaged in _____.
A) licensing
B) outsourcing
C) franchising
D) inshoring

Question

Quizplus · Accepted Answer

Melrow Inc. is outsourcing because it is moving its production to another country to take advantage of lower labor costs.