the business practice of hiring workers in another country is known as\n○ globalization.\n○ insourcing.\n○…
the business practice of hiring workers in another country is known as\n○ globalization.\n○ insourcing.\n○ subcontracting.\n○ outsourcing.
Answer
Brief Explanations:
- Globalization refers to the process of interaction and integration among people, companies, and governments worldwide. It is a broader concept than just hiring workers in another country.
- Insourcing means bringing work that was previously outsourced back within the company.
- Subcontracting is when a company hires another company (a subcontractor) to perform part of its work.
- Outsourcing specifically is the business practice of hiring workers (or getting services) from another country.
Answer:
outsourcing.