A New York City-based company shifts its warehouses and operations to a low-rent area that is 50 miles away.This is an example of offshoring.

Name: A New York City-based company shifts its warehouses and operations to a low-rent area that is 50 miles away.This is an example of offshoring.
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Question

Quizplus · Accepted Answer

Offshoring refers to the relocation of a company's operations or services to a different country. Moving to a low-rent area within the same country is called outsourcing or relocation, but not offshoring.

A New York City-Based Company Shifts Its Warehouses and Operations