a company that produces its products in another country, usually to save on labor costs, is engaged in…

a company that produces its products in another country, usually to save on labor costs, is engaged in ____________. a. insourcing b. onshoring c. offshore outsourcing d. a multidomestic strategy e. a joint venture

a company that produces its products in another country, usually to save on labor costs, is engaged in ____________. a. insourcing b. onshoring c. offshore outsourcing d. a multidomestic strategy e. a joint venture

Answer

Brief Explanations:

Offshore outsourcing is when a company moves production to another country, often to reduce labor costs. Insourcing is work done within the company, onshoring is production in the home - country, a multidomestic strategy focuses on local responsiveness, and a joint venture is a partnership between companies.

Answer:

C. offshore outsourcing