Spark,Inc. ,which manufactures the fireworks that municipal governments buy to put on their annual fireworks shows on the Fourth of July,moved most of its manufacturing operations from the United States to China a decade ago.Now,Spark is moving production back to the United States because the company's managers are uncomfortable with many Chinese business practices.Spark,Inc.engages in __________ when it moves its operations back to the United States.

Question

Quizplus · Accepted Answer

Reshoring refers to bringing back production or manufacturing operations to the home country after previously offshoring them. In this case, Spark, Inc. is moving production back to the United States, which fits the definition of reshoring. Offshoring (A) refers to moving business operations to a foreign country, while outsourcing (B) involves contracting services or labor to an external company. Globalizing (D) refers to expanding business globally, while countertrading (E) involves exchanging goods or services without using currency.

Spark,Inc ,Which Manufactures the Fireworks That Municipal Governments Buy to Put