International production involves

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At a strategic level, the main decisions involve to make versus buy (outsource) and offshoring versus on-shoring (or nearshoring). Offshoring occurs when a firm move some or all of its operations or supplies overseas. Offshoring of production leads to international production. Outsourcing of production occurs by delegating a company's production processes to an external supplier. Outsourcing can be local or overseas (offshore). Global sourcing occurs when a firm purchases materials or products from foreign suppliers. While international production involves FDI, global sourcing help avoiding such a risky investment.

International Production Involves