Final answer:
The answer to the question is 'onshore.' Onshore outsourcing involves using an outsourcing company within the same country, while offshoring refers to moving operations overseas.
Step-by-step explanation:
With a(n) onshore outsourcing approach, an organization chooses an outsourcing company in the same country. Onshore outsourcing is part of a larger global trend where companies seek to optimize their operations by leveraging different labor markets.
In contrast, offshoring is the process of moving some of a company's operations overseas to access cheaper labor markets, and outsourcing is the process of hiring outside contractors, sometimes abroad, to perform tasks a company once performed internally.
Both strategies have been utilized by companies to reduce costs and increase efficiency, particularly during the globalization wave of the 1990s.
The correct answer is onshore. With an onshore outsourcing approach, an organization chooses an outsourcing company in the same country. This means that the company hires contractors or services within its own country to perform tasks that were previously done internally.