Difference between revisions of "Offshoring"
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According to the [[Strategic Management by Parnell (4th edition)]], | 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. | :[[Offshoring]]. Relocating some or all of a firm's manufacturing or other business processes to another country typically to reduce costs. | ||
| + | According to [[Managerial Accounting by Braun, Tietz (5th edition)]], | ||
| + | :[[Offshoring]]. Having work performed overseas. Offshored work can be performed either by the company itself or by outsourcing the work to another company. | ||
| − | [[Category: Strategic Management]][[Category: Articles]] | + | [[Category: Strategic Management]][[Category: Articles]][[Category: Accounting]] |
Revision as of 13:04, 15 July 2020
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.
According to Managerial Accounting by Braun, Tietz (5th edition),
- Offshoring. Having work performed overseas. Offshored work can be performed either by the company itself or by outsourcing the work to another company.
