What Is the Difference Between "Off Shoring" and "Outsourcing

What is the difference between "off shoring" and "outsourcing"?

A) Off shoring refers to manufacturing in others countries,while outsourcing refers to buying raw materials in other countries.
B) Off shoring is an activity of MNCs,while outsourcing is an activity of purely domestic firms.
C) Off shoring refers to obtaining foreign labor to work on domestic projects,while outsourcing refers to using contract domestic labor for domestic projects.
D) There is no difference,they are interchangeable terms.

Correct Answer:

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