Pick the correct terminology in the drop$-$down menu that aligns best with every example listed below. Ensure that you pick from the drop$-$down menu only the terms used in this week's lectures.

Group of answer choices

Hennes & Mauritz $($H&M$)$ in Frankfurt, Germany outsources the design of custom apparel to Cool Designs, located in Saxony, Germany.

Nearshoring

Intel, Hillsboro is closing one of its computer chip production facilities in Asia and is relocating the production to the Corvallis Microfluidics Tech Hub.

$[$ Choose $]$

A world$-$wide popular Supply Chain Company in Hong Kong contracts out all its digital security services to Kyndryl Cybersecurity Serivces in Eugene, Oregon, its mobile phone services to a Huawei, China, and its digital file storage services to Data Cloud Consulting $($DCC$)$ in Singapore.

$[$ Choose $]$

The Piraeus Financial Services $($PFS$)$ contracts out all its video collaboration services from FarAway Digital Solutions $($FDS$)$ in Istanbul, Turkey.

$[$ Choose $]$

BetterWorld.com invites global citizens to submit innovative business plans for benefiting society at large. Since up to $100$ organizations will be offered significant financial resources in US dollars, the competition has attracted several submissions in the first two days. Betterworld.com aims to facilitate the establishment of numerous valuable startups worldwide. This method of inviting the world citizens to submit innovative business plans aligns well with: