What is the term used for Outsourcing which involves transfer of work to overseas locations? |
On- shoring Off - shoring Knowledge Processing Outsourcing All of the above |
Off - shoring |
The correct answer is Option 2: Off - shoring NCERT: Outsourcing or contracting out is giving work to an outside agency to improve efficiency and to reduce costs. When outsourcing involves transferring work to overseas locations, it is described by the term off shoring, although both off - shoring and outsourcing are used together. |