View the step-by-step solution to:

The concept of outsourcing services to countries with lower labor cost is known as: Opportunity cost b. Offshoring c. Insourcing d.

The concept of outsourcing services to countries with lower labor cost is known as: a. Opportunity cost b. Offshoring c. Insourcing d.International outsourcing

Recently Asked Questions

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question