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Offshoring is a supply chain strategy that involves moving processes to another country. Which of the following statements related to offshoring is true? All of

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Offshoring is a supply chain strategy that involves moving processes to another country. Which of the following statements related to offshoring is true? All of the above Firms can reduce labor costs by outsourcing processes to low labor-cost countries Firms can reduce the logistical costs of delivering products to international customers by offshoring Firms can avoid tariffs by manufacturing the products in other countries rather than exporting them Offshoring may not be the best choice, even if local labor wages far exceed those of other countries

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