Offshoring refers to:
a. setting up an office in the sea
b. sending lower criticality jobs overseas
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The correct answer is the option b - Sending lower critical jobs overseas.
Off-shoring is a term used for the relocating a business process from one particular country to another country. It usually involves the operational processes like the manufacturing units or the supporting processes like accounting unit. It is a business to get work done in a different country, usually to cut down the leverage costs, etc.
Off-shoring is a term used for the relocating a business process from one particular country to another country. It usually involves the operational processes like the manufacturing units or the supporting processes like accounting unit. It is a business to get work done in a different country, usually to cut down the leverage costs, etc.
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Answer is - b. Sending lower criticality jobs overseas
Offshoring refers to the relocation of a business process from one country to another. It is done because of the lower cost of operations in the new location. It may be done if labour is cheap in another country. A company may shift its production, website maintenance and development, or accounting abroad. For example, many large companies move their call centres to another country.
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