Economics B A-Level
Offshore outsourcing
What Offshore outsourcing means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Offshore outsourcing
Check what you remember
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Reference: Pearson Edexcel
Combines both strategies by hiring a foreign third party to carry out a business process.
Topics that use Offshore outsourcing
- Conditions that prompt trade (Pearson Edexcel A-Level)
Related terms
- Capacity utilisation
- Domestic competition
- Economies of scale
- Extension strategies
- Fixed costs
- Global supply chains
- International competitiveness
- International trade
Using Offshore outsourcing in the exam
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