Palin Inc. ,an electronics manufacturer,is headquartered in Texas.The firm shifted its operations from Texas to China due to lower labor costs and the availability of required skills in China.This scenario indicates that Palin engaged in the practice of
A) downsizing.
B) reengineering.
C) offshoring.
D) benchmarking.
E) acquiring.

Question

Quizplus · Accepted Answer

Palin engaged in the practice of offshoring, which involves relocating a company's operations to a foreign country to take advantage of lower costs, access to specialized skills, or market opportunities.

Palin Inc ,An Electronics Manufacturer,is Headquartered in Texas