Question

Pixz International is a multinational computer technology company based in the United States. It had outsourced the production of its microprocessors to China. Now Pixz International is moving its microprocessor production back to the United States. Pixz International is currently engaged iN________________.

Answer 1

Reshoring

Step-by-step explanation:

Reshoring is a process of moving an object that is currently being manufactured oversea back to the origin country where the products are to be sold.

It is the opposite of offshoring where products manufacturing are mover abroad for the purpose of reduced cost of labor and other manufacturing cost.

Lead time , local tax incentives , skilled labor quality guarantee are some of the reasons that trigger reshoring decision