Which term means exporting jobs to lower-cost location abroad?

Which term means exporting jobs to lower-cost location abroad?

• A. Offshoring
• B. Globalization
• C. Human Capital
• D. Employment Engagement

Answer: (A)

Offshoring is exporting jobs to a lower-cost location abroad. This happens when a company moves work functions—like manufacturing, IT support, or back-office tasks—to another country where labor and operating costs are cheaper, with the goal of reducing expenses while maintaining output. It’s about where the work is done, not who does it. Globalization is a broader process of increasing global interconnectedness and integration, not a specific relocation of jobs. Human Capital refers to the skills and knowledge of employees. Employment Engagement describes how motivated and committed workers are to their organization.

Offshoring is exporting jobs to a lower-cost location abroad. This happens when a company moves work functions—like manufacturing, IT support, or back-office tasks—to another country where labor and operating costs are cheaper, with the goal of reducing expenses while maintaining output. It’s about where the work is done, not who does it.

Globalization is a broader process of increasing global interconnectedness and integration, not a specific relocation of jobs. Human Capital refers to the skills and knowledge of employees. Employment Engagement describes how motivated and committed workers are to their organization.