Question: What is the difference between outsourcing and offshoring? Outsourcing involves relocating a business process from one country to another, while offshoring involves hiring an outside

What is the difference between outsourcing and offshoring?

Outsourcing involves relocating a business process from one country to another, while offshoring involves hiring an outside party to complete part of a business process.

Outsourcing involves the hiring of workers in a foreign country to work directly for the business, while offshoring involves the relocation of a business process from one country to another.

There is no difference between outsourcing and offshoring.

Outsourcing and offshoring both involve reducing a company's costs.

What is the difference between outsourcing and offshoring? Outsourcing involves relocating

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Board CHAPTER 1 Economics: Foundations and Models n this book, we use economics to answer questions such as the following What determines the prices of goods and services from bottled water to smart...

Please provide detailed explainations for methods, Analysis and results and recommendations and conslusions. Thank you. VF Brands: Global Supply Chain Strategy It was August 2009. Chris Fraser,...

Please provide detailed explainations for both the intorruction and the background. Thank you. VF Brands: Global Supply Chain Strategy It was August 2009. Chris Fraser, President, Supply Chain...

Chapter 7 from Mastering Strategic Management was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested by the...

Which of the following describes outsourcing? The relocation of a business process from one country to another The engagement of an outside party to complete part of a business process The hiring of...

Read the case scenario and use the text provided to support your answer and only used the text provided Case Scenario Dion is an engineer with Tesla Motors who helps to design electric motors. It has...

Based on information from the textbook, outside research, and knowledge gained from the videos, explain how you would oversee the design or redesign of a benefits program in a large organization....

chapter 6 \" International Management It was once said that the sun never set on the British Empire. Today, the sun does set on the British Empire, but not on the scores of global empires, including...

5/21/2016 University of Phoenix: Management PRINTED BY: cherylesowell2012@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without...

Do you think companies have to operate ethically to be financially successful? Why or why not?

Calculating Cash Collections the following is the sales budget for Duck-n-Run, Inc., for the first quarter of 2006. Credit sales are collected as follows: 65 percent in the month of the sale 20...

9. A group of people needs to be transported to a concert. If an SUV can accommodate seven people, how many SUVs will be completely full and how many people will still need transportation? Create an...

Make a statement of cashflows in good form. X X M Inbox 2,50 x M Logistics : * Course: ST: X|MyDrive- x B Group 2 Pex Course ID: Cth Moodle X C Get HomeX C Photos Screx Interview X + ....