GK
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -"text": “The process of relocating business processes and operations to other countries is known as offshore. It is commonly used to describe the outsourcing of jobs to foreign countries, but it can also refer to the relocation of an entire company’s operations."
Detailed explanation-2: -Offshoring is the relocation of a business process from one country to another-typically an operational process, such as manufacturing, or supporting processes, such as accounting. Usually this refers to a company business, although state governments may also employ offshoring.
Detailed explanation-3: -What Is Offshoring? Offshoring refers to a shift in business operations to another country – usually to leverage cost benefits. Unlike outsourcing, where you’re contracting work to a different company, offshoring might keep work processes in-house.