What is the key difference between offshoring and outsourcing?Group of answer choicesOffshoring involves moving business operations to a different location within the same country, while outsourcing involves contracting out work to external organizations or individuals.Offshoring and outsourcing are interchangeable terms, and there is no difference between them.Offshoring involves relocating business operations to a foreign country, while outsourcing involves hiring temporary staff.Offshoring refers to hiring local employees, while outsourcing involves hiring international employees.