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The business practice of hiring workers in Another Country is known as "offshoring." This strategy allows companies to reduce costs by taking advantage of lower labor expenses in foreign markets. Offshoring can involve the relocation of entire business processes or specific functions, such as customer service or IT support, to regions with favorable economic conditions. It is often used as a way to enhance competitiveness and improve efficiency.
What else can I help you with?
American business in cuba?
took advantage of Cuban workers
What is compensation for business disturbance?
Rights as an independent disturber home base business while collecting workers compensation
Which is not an example of services provided by government to business firms?
workers for a factory
What size business is oxfam?
large scale, as its global and has around 5955 workers.
What is the definiation of small scale business?
The definition of small scale business is a small business enterprise that employs a low number of workers. It usually does not have high volume of sales.
What ethical consideration affects business practice in foreign countries?
The practice of bribery is common in several countries and is considered a normal business practice. If the bribe is not paid to a businessperson from a country where bribery is expected, a transaction is unlikely to occur.
What describes the practice of outsourcing?
employing workers in other countries to save on labor costsA company moves some of its jobs to another country
What can one find on the AngloINFO website?
The AngloINFO website offers info about living in or moving to another country. It offers information for international workers, exchange students, and anyone else moving to another country temporarily or permanently. It explains business, transportation, government, culture, finance, and other aspects of life in another country.
Are workers who were previously transferred to another country and then transferred back home.?
Yes, these workers are commonly referred to as repatriates. Repatriation involves returning workers to their home country after being stationed or transferred to work in another country for a period of time. It often involves adjusting to the cultural, social, and professional changes that come with returning home.
The practice of moving workers from one job to another to make work more interesting is known as?
job rotation
How international business effects domestic business?
International business involves trading with other countries, while domestic business is trading within a country. International business affects the cost price of goods and commodities. It also results in loss of jobs inside the country as most international business requires performing job outside the country resulting in employing workers there.
Who argued that the public and workers should own and run the most important and largest business in the country?
Eugene debs
During late 19th century Which practices were used by employer against workers?
During the late 19th century, one practice used by employers against workers was blacklisting. Another practice was yellow-dog contracts.
How could importing be considered a good way to establish relationships with other countries?
If you are importing goods from Another Country, you are helping to support their economy and helping to keep their workers employed.
What business will not employ non-union workers?
A business that will not employ non-union workers is called a "closed shop".
What is overseas workers?
Workers from abroad that work in your country
Who gets the day off from Labor Day?
Employees School-workers Business Workers Ex.Banks,Post Offices..... Government Business
