Question

A small cluster of three countries (China, Malaysia, and Korea) are creating a reputation for this type of outsourcing. a. Farshoring b. Nearshoring c. Cloud computing d. Captive center e. Full outsourcing

Answer 1

b. Nearshoring

Step-by-step explanation:

Nearshoring occurs when the organization decides to transfer the work to the companies which are less expensive and are closer in the geographical region . It enables the business to move closer to their operations . And becomes more cost effective location .

Due to this close proximity , their is lesser time difference , lesser cultural discrepancies and enable to control the decision-making processes .