Gobex financial services is a multinational firm that has many branches across the globe.The U.S.subsidiary of the firm assigns its accounting tasks to the Chinese subsidiary.Lower labor costs enable the Chinese firm to perform the tasks more efficiently.This is an example of ________.
A) offshoring
B) outsourcing
C) leveraging
D) customization
E) external valuation

Question

Quizplus · Accepted Answer

A)Offshoring refers to transferring a part or all of a business function to a facility (a different part of the company or another company entirely)in another country.
B)Offshoring refers to transferring a part or all of a business function to a facility (a different part of the company or another company entirely)in another country.
C)Offshoring refers to transferring a part or all of a business function to a facility (a different part of the company or another company entirely)in another country.
D)Offshoring refers to transferring a part or all of a business function to a facility (a different part of the company or another company entirely)in another country.
E)Offshoring refers to transferring a part or all of a business function to a facility (a different part of the company or another company entirely)in another country.

Gobex Financial Services Is a Multinational Firm That Has Many