CHRP Knowledge Exam · Question
Which term describes the practice of contracting out a business function to a third-party provider, often abroad?
Offshoring involves relocating business processes to another country, often to reduce costs or access specialized talent.
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Question: Which term describes the practice of contracting out a business function to a third-party provider, often abroad?
Answer options:
- Insourcing
- Downsizing ✅ Offshoring
- Right-sizing
Correct answer: Offshoring
Explanation: Offshoring involves relocating business processes to another country, often to reduce costs or access specialized talent.
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- Employment Standards in most provinces require overtime after:
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- Which compensation strategy aims to align employee interests with shareholder interests by offering ownership?
- An HR professional discovers a colleague misusing confidential employee data. Which ethical principle should g
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