BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Onshore Outsourcing
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Nearshore Outsourcing
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Offshore Outsourcing
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Detailed explanation-1: -Nearshore outsourcing is when an organization contracts for services provided by companies based in neighboring countries.
Detailed explanation-2: -Offshore outsourcing is a type of business process outsourcing that involves hiring an external organisation to perform some business functions in a country other than the one where products or services are actually developed or manufactured.
Detailed explanation-3: -Offshore Outsourcing is when an organization recruits a third party supplier to conduct operations from an outside country. Offshore outsourcing companies provide service from low-cost regions around the globe to reduce costs and tap into seasoned CX experts.
Detailed explanation-4: -One example of onshore outsourcing is when a local business outsources its cleaning to a local company that can provide reliable, well-trained and well-managed custodians who can take care of cleaning, maintenance and rubbish removal better than the business could if it tried to manage those services itself.