when when work is done outside the country due to low wage rate, reasonable degree or skill and accuracy it is known as________
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it is known as unemployment
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when when work is done outside the country due to low wage rate, reasonable degree or skill and accuracy it is known as offshoring.
Explanation:
- Offshoring is a process when a company sends in-house jobs to be performed in another country.
- There are many benefits that the companies get through offshoring and relocating their business operations to overseas locations. They get the benefit of lower labor costs and reasonable degree or skill and accuracy.
- It is more affordable for companies to pay foreign employees who have lower salaries compared to employees within the country.
To know more about offshoring
What is a inshore and offshore
https://brainly.in/question/15340692
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