Question: Which statement best describes offshoring? It refers to moving operations from the country where a company is headquartered to a country where pay rates are

Which statement best describes offshoring?

It refers to moving operations from the country where a company is headquartered to a country where pay rates are lower but the necessary skills are available.

It is the practice of having another company provide services.

It refers to acquiring a new company in a distant location or another country in order to acquire higher market share or growth.

It is a complete review of the organization's critical work processes to make them more efficient and able to deliver higher quality of products and services.

It is a method of staffing other than the traditional hiring of full

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time employees.

Which statement best describes offshoring? It refers to moving operations from

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