Asked by Kelly Cirella on May 31, 2024
Verified
Offshoring occurs when an organization moves work to foreign entities outside the company.
Offshoring
The practice of relocating business processes or manufacturing to another country to reduce costs or improve efficiency.
Foreign Entities
Organizations or business units that operate outside the country of one's residence or the headquarters of a business.
- Differentiate between outsourcing, offshoring, and outplacement within the context of organizational restructuring.
Verified Answer
SM
Learning Objectives
- Differentiate between outsourcing, offshoring, and outplacement within the context of organizational restructuring.