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1-Offshoring refers to the the process in which: A. workers of a particular coun

ID: 1128184 • Letter: 1

Question

1-Offshoring refers to the the process in which:

A.

workers of a particular country seek employment in a firm of a foreign country.

B.

a firm purchases service from another firm in another country.

C.

the government of a country works toward providing social security and other rights to migrant workers.

D.

a firm purchases service from another firm.

E.

a firm hires laborers from a foreign market.

2-Which of the following statements about employer prejudice is true?

A.

Employer prejudice occurs only in low-paying jobs.

B.

Economic theory tells us that it would be impossible for employer prejudice to exist in a firm that is a monopoly.

C.

Employer prejudice will help a monopolist to increase his profits by satisfying his managers personal prejudices.

D.

It would be impossible for employer prejudice to exist in a firm that sells its output in a competitive market unless all rivals also discriminate.

E.

Legislation has ended employer prejudice in the United States.

A.

workers of a particular country seek employment in a firm of a foreign country.

B.

a firm purchases service from another firm in another country.

C.

the government of a country works toward providing social security and other rights to migrant workers.

D.

a firm purchases service from another firm.

E.

a firm hires laborers from a foreign market.

Explanation / Answer

1. E. a firm hires laborers from a foreign market.

Explanation: In offshoring, a firm shifts its operations processes either partially or completely to a foreign location and hire laborers from that foreign country. Offshoring is mainly done to get access to cheap labors.