Offshoring is a phenomenon by which the same or an increased quality and quantity of goods and/or services are created using fewer natural resources.

Question

Quizplus · Accepted Answer

Offshoring refers to the relocation of business processes from one country to another, often to take advantage of lower labor costs. It does not necessarily mean a reduction in natural resources used or an increase in the quality and quantity of goods/services produced.

Offshoring Is a Phenomenon by Which the Same or an Increased