Some U.S. companies are choosing to move some operations back to the United States because lower costs of communication within the U.S. allow them to make quick changes to design and production. This phenomenon is called:
A) insourcing.
B) offshoring.
C) onshoring.
D) retrenching.

Question

Quizplus · Accepted Answer

Onshoring refers to the practice of bringing back operations that were previously offshored to other countries. The lower costs of communication within the U.S. allow companies to make quick changes to design and production, which makes onshoring a more attractive option for some businesses. Insourcing generally refers to the practice of having work done within a company rather than outsourcing it, while offshoring refers to the practice of moving operations to another country to take advantage of lower labor costs. Retrenching refers to the process of cutting back on operations or expenses in order to save money.

Some US Companies Are Choosing to Move Some Operations Back to to the United