Question

In operations outside the home country, are managed by individuals of that country. What aspect of international business does this statement refer to?

a) Exporting
b) Licensing
c) Outsourcing
d) Franchising

Answer 1

The statement refers to the aspect of outsourcing in international business.

Step-by-step explanation:

The statement refers to the aspect of outsourcing in international business. Outsourcing is the practice of hiring labor from sources outside of the company or outside of the nation in which the company is located. In this case, when operations are managed by individuals of the country where the operations are taking place, it means that the company is outsourcing those operations to local individuals.