quiz: the global business environment\n★ only your highest - score quiz attempt for this module counts…

quiz: the global business environment\n★ only your highest - score quiz attempt for this module counts toward your grade.\nquestion 15\nwhat are some advantages companies may gain by using offshoring and outsourcing?\ncompanies can save money on production costs\ncompanies can increase their use of skilled labor domestically\noffshoring and outsourcing can increase domestic employment\ncompanies can maintain greater control over product quality and working conditions

quiz: the global business environment\n★ only your highest - score quiz attempt for this module counts toward your grade.\nquestion 15\nwhat are some advantages companies may gain by using offshoring and outsourcing?\ncompanies can save money on production costs\ncompanies can increase their use of skilled labor domestically\noffshoring and outsourcing can increase domestic employment\ncompanies can maintain greater control over product quality and working conditions

Answer

Brief Explanations:

Offshoring and outsourcing often involve moving production or tasks to regions with lower - cost labor, reducing production costs. Using skilled labor domestically is not a direct advantage of offshoring. Offshoring usually reduces domestic employment rather than increasing it. And it is harder to maintain control over product quality and working conditions when offshoring or outsourcing.

Answer:

Companies can save money on production costs