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The 4 practice of hiring workers in another country is known as globalization.

insourcing. subcontracting. outsourcing.

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The 4 practice of hiring workers in another country is known as globalization.

insourcing.
subcontracting.
outsourcing.

Answer

The practice of hiring workers in another country is known as OUTSOURCING.
Outsourcing is a term used that refers to the company's practice of sourcing its human personnel outside of the company.
This practice generates less cost for the company because they don't have to spend for additional work space, equipment, and other office needs.
They simply have to pay for labor of the outsourced workers as well as their corresponding bonuses.
Labor costs of workers outside the country are cheaper than those who are based in the company offices.

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Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 16 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 203 views.

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