HOW DOES OFF SHORING DIFFER FROM A FIRM PRODUCING IN ANOTHER COUNT...

47. How does off shoring differ from a firm producing in another country? a. Off shoring and foreign production are essentially the same. b. Off shoring is a more comprehensive activity than foreign production. c. If a firm produces in another country, it owns production assets in that country to some degree, but off shoring indicates that the firm contracts with a firm in another country for certain production. d. Foreign production means producing something ion a foreign country for sale in that country, while off shoring means that a product is being produced in a foreign country and will be shipped back to the home country of the firm responsible for the off shoring.