What is reversing an outsource offshore decision known a2

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Hollywood High School *

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MANAGERIAL

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Business

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Nov 24, 2024

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docx

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Uploaded by CoachSquirrel3311

What is reversing an outsource offshore decision known as? Outsourcing Offshoring Reshoring Near-shoring The problem you presented is: "What is reversing an outsource offshore decision known as?" To find the solution, we need to analyze the options provided: 1. Outsourcing: This refers to the practice of contracting work or services to an external party, typically located in another country. 2. Offshoring: This is the process of relocating business processes or functions to another country, often with the goal of reducing costs. 3. Reshoring: This term describes the act of bringing previously offshored activities back to the home country. It involves reversing the decision to offshore and bringing the work or services back locally. 4. Near-shoring: This refers to the practice of outsourcing or offshoring to a nearby country or region, typically one that shares borders or is geographically close to the home country. Among these options, the correct answer to reversing an outsource offshore decision is "Reshoring." Reshoring involves returning outsourced functions or operations back to the home country. Remember to double-check your output to ensure accuracy.

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What is reversing an outsource offshore decision known a2

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