This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which term is used to describe what a company is doing when it moves its production to another ... (Read 70 times)

future617RT

  • Hero Member
  • *****
  • Posts: 543
on: Jul 2, 2018
Which term is used to describe what a company is doing when it moves its production to another country, producing the same products in the same way but with cheaper labor, lower taxes, and lower benefits to workers?
 
  a. Outsourcing
  b. Offshoring
  c. Capital flight
  d. Contingent employment

Question 2

The term capital flight is defined as
 
  a. the movement of corporate money from one investment to another through investment in plants located in other nations, plant relocation within the United States, and mergers.
  b. when a company moves its production to another country, producing the same products in the same way, but with cheaper labor, lower taxes, and lower benefits to workers.
  c. taking some specific task that a company was doing in-housesuch as research, call centers, accounting, or transcribingand transferring it to an overseas company to save money and then reintegrating that work back into the overall operation.
  d. independent contractors working from their homes, paying for their own health care and retirement plan, and furnishing their own equipment.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tofugiraffe

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jul 2, 2018
Answer to Question 1

Answer: b. Offshoring

Answer to Question 2

Answer: a. the movement of corporate money from one investment to another through investment in plants located in other nations, plant relocation within the United States, and mergers.


future617RT

  • Hero Member
  • *****
  • Posts: 543
Reply #2 on: Jul 2, 2018
Correct answers!


tofugiraffe

  • Sr. Member
  • ****
  • Posts: 319
Reply #3 on: Jul 2, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Associative Long-Term Potentiation Associative Long-Term Potentiation
Great Britain Production of Glass 1800s Great Britain Production of Glass 1800s
The neural pathway responsible for the production and learning of song in the male canary. The neural pathway responsible for the production and learning of song in the male canary.
Role of Factors of Production in Determining Output per Worker, 2009 Role of Factors of Production in Determining Output per Worker, 2009
A company that sells sweatshirts finds that the profit can be modelled by P(s)= ... A company that sells sweatshirts finds that the profit can be modelled by P(s)= ...
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
Video: Insulin (glucose uptake by body cells), glycogenesis and lipogenesis

For a complete list of videos, visit our video library