Question: Product Innovation How does offshoring differ from outsourcing? What are the advantages and disadvantages of offshoring? What ethical implications are at risk?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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**Question: Product Innovation**

**How does offshoring differ from outsourcing? What are the advantages and disadvantages of offshoring? What ethical implications are at risk?**

This text prompts an exploration of the distinctions between offshoring and outsourcing, along with an analysis of the pros and cons associated with offshoring. Additionally, it invites a discussion on the ethical considerations linked to offshoring practices. 

There are no graphs or diagrams included in the image.
Transcribed Image Text:**Question: Product Innovation** **How does offshoring differ from outsourcing? What are the advantages and disadvantages of offshoring? What ethical implications are at risk?** This text prompts an exploration of the distinctions between offshoring and outsourcing, along with an analysis of the pros and cons associated with offshoring. Additionally, it invites a discussion on the ethical considerations linked to offshoring practices. There are no graphs or diagrams included in the image.
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