Question

__________ refers to moving production from a domestic site to a foreign location.
options: contract manufacturing, offshore outsourcing, outsourcing, globalization, i dont know yet

Explanation:

To solve this, we analyze each option:

• Contract manufacturing: Involves hiring a manufacturer to produce goods, not moving production to foreign.
• Offshore outsourcing: Defined as moving production from domestic to foreign location, matches the description.
• Outsourcing: Can be domestic or foreign, not specific to foreign.
• Globalization: Broader concept of economic integration, not just production movement.

Answer:

B. Offshore outsourcing