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Offshoring refers to relocating some of a company's operations abroad. Offshoring may occur because labor is cheap in another country. Companies may do because of
Offshoring refers to relocating some of a company's operations abroad. Offshoring may occur because labor is cheap in another country. Companies may do because of low labor costs, cheaper raw materials, or more favorable tax rates.
There are some advantages of offshoring. One advantage is lower labor costs. How is it more affordable for some companies in the United States to pay foreign employees who have lower salaries compared to employees within the country?
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