What is outsourcing? What is the reason companies outsource? What is offshoring? What is the reason companies offshore? List two downsides to offshoring.
What will be an ideal response?
Outsourcing is buying parts and labor from outside supplies. Buying cheaper and sometimes better quality parts can help keep prices low and stay competitive.
Offshoring is outsourcing jobs to other countries. Companies offshore because the labor is cheap and reliable. Some downsides include language barriers, cultural differences, and bad service.
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To make changes to the Word file embedded in the PowerPoint presentation, double-click the text you want to edit.
Answer the following statement true (T) or false (F)
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