Offshoring

From CNM Wiki
Revision as of 11:11, 12 July 2020 by EshwaN (talk | contribs) (Created page with "Offshoring is relocating some or all of a firm's manufacturing or other business processes to another country typically to reduce costs. ==Definition== According to the [...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Offshoring is relocating some or all of a firm's manufacturing or other business processes to another country typically to reduce costs.

Definition

According to the Strategic Management by Parnell (4th edition),

Offshoring. Relocating some or all of a firm's manufacturing or other business processes to another country typically to reduce costs.