Final answer:
Outsourcing refers to engaging in the international division of labor to obtain the cheapest sources of labor and supplies regardless of country.
Step-by-step explanation:
The correct answer is b. Outsourcing.
Outsourcing refers to engaging in the international division of labor to obtain the cheapest sources of labor and supplies regardless of country. It involves the practice of hiring outside contractors, often in another country, to perform tasks that were previously done in-house.
For example, a company may outsource its customer service operations to a call center in a different country where labor costs are lower. This allows the company to reduce costs and focus on its core business activities.