Home › Bihar Board Class 12 (Commerce) › Business Studies › Emerging Modes of Business › Which term means sending work to suppliers outsi…
Which term means sending work to suppliers outside one's own country?
AOffshore outsourcing
BBackward integration
CFranchising agreements
DInsourcing at home
Answer & Solution
Correct answer: A. Offshore outsourcing
Using suppliers outside the home country is called offshoring or offshore outsourcing.
Related questions
Which model describes consumers selling to other consumers online?Which model lets brands sell directly to end customers without retail intermediaries?E-commerce is the buying and selling of products and services over what?Which outsourced service does the NCERT text suggest firms can use for toll-free customer Which option lists newer forms of outsourcing arrangements?Firms mainly outsource to cut which kind of expenses?Which benefit can outsourcing give even when nothing is moved abroad?What is a main driver for outsourcing to low-wage countries?