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What is it called when a business owner moves his or her business to another country to lower the cost of production?
When a business owner moves their operations to Another Country to reduce production costs, it is referred to as "offshoring." This practice often involves relocating manufacturing or service functions to countries with lower labor costs, tax incentives, or fewer regulations. Offshoring can help businesses increase profit margins but may also lead to criticisms regarding job losses in the home country.
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What is the establishment of a business enterprise by someone who lives outside a country called (1 point)?
The establishment of a business enterprise by someone who lives outside a country is called "foreign direct investment" (FDI). This process involves an investor from one country making an investment in a business located in another country, typically by acquiring assets or establishing new operations. FDI can take various forms, such as creating a subsidiary, joint venture, or branch office in the host country.
A business that purchases a product from another business to sell to customers is called a?
manufacturing business
What is business process outsource?
This assigning of some or whole of your task to a third party company is called "outsourcing" and when it is concerned with the "outsourcing" of any business activity is called as "Business Process outsourcing" or in other words you can say that BPO is the process of hiring another company to handle business related activities for you. These companies are called "call-centre" in laymen term. Now if a company which is based in US is outsourcing its service to an Indian company it is called "off-shoring" means hiring a company based in another country is called off-shoring.
What is selling products to another country called?
Selling products to another country is called exporting. This process involves a business or individual selling goods or services produced in one country to customers or businesses in another country. Exporting can help companies expand their markets, increase sales, and diversify their customer base. It often requires knowledge of international trade regulations, tariffs, and logistics.
What is Buying products from another country called?
Purchasing products from other countries is generally called importing. Exporting is when you ship products out from your own country to others. Illegally purchasing products from another country and sneaking them is is called smuggling.
What is large scale of production?
When a business or a firm produce large amount of production, then it is called large scale of production.
What is it called when you move from one country to another?
When you leave a country it is called emigration.When you arrive in a country it is called immigration.
What is called a person who comes from another country?
A person who comes from another country is called an immigrant.
What is a word for a country that is friends with another country?
A country that is a 'friend' of another country is called an ally.
What the movement of people from one country to settle in another country is called?
The movement of people from one country to settle in another country is called immigration.
What is the name for traveling in your own country?
To travel for recreational purposes is called tourism, whether it is done within ones own country, or in another country. To travel for other purposes, business purposes or to visit relatives, is just called travel. No special name.
What is the establishment of a business enterprise by someone who lives outside a country called (1 point)?
The establishment of a business enterprise by someone who lives outside a country is called "foreign direct investment" (FDI). This process involves an investor from one country making an investment in a business located in another country, typically by acquiring assets or establishing new operations. FDI can take various forms, such as creating a subsidiary, joint venture, or branch office in the host country.
A business that purchases a product from another business to sell to customers is called a?
manufacturing business
What is it called when a country controls another country?
its called nationalism or, it could be colonization.
When a company hires people in another country to do for for them it is called?
When a company hires people in Another Country to do work for them, it is called outsourcing.
When a company hires people in another country to do work for them what it is called?
When a company hires people in Another Country to do work for them, it is called outsourcing.
What is it called when people leave the country?
When people leave their country to live in another country, it is called emigration.
