Question: Offshoring can be defined as: the transfer of specific processes to lower cost locations in other countries the transfer to a third party of the

Offshoring can be defined as:
the transfer of specific processes to lower cost locations in other countries
the transfer to a third party of the management and delivery of a process previously performed by the company itself
the management of the flow of goods and services and includes all processes that transform raw materials into final products
a form of regulation of foreign trade and a policy that taxes foreign products to encourage or safeguard domestic industry

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