What is the advantage for a business who uses offshoring in their manufacturing process?
A) Decreased costs
B) Improved quality
C) Decreased production time
D) Increased employee moral
E) Decreased employee turnover
Answer: A
Explanation: A) The practice of outsourcing to foreign countries is more specifically referred to as offshoring. Many companies today contract their manufacturing to low-cost factories in Asia.
You might also like to view...
Define retailing and list the factors that are used to classify retail operations.
What will be an ideal response?
Offshoring nonmanufacturing activities such as purchasing, research and development, recordkeeping, and information management is called _____
Fill in the blank(s) with correct word
Before studying product/market current strategy, companywide perspective is necessary, which includes:
a. reasons for the company's success in the past b. characteristics and traits regularly followed c. critical factors that affect success d. all of the above
Which of the following types of cases are subject to the Chief Counsel's Acquiescence / Non -acquiescence Policy?
a. Circuit Court Decisions. b. District Court Decisions. c. U.S. Court of Federal Claims. d. Tax Court Regular Decisions. e. All of the above are correct.