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Company Y is looking into relocating its production from Country P to neighbouring Country O.

Company Y is looking into relocating its production from Country P to neighbouring Country O. After researching the cost of production, this move gives the benefit of reduced material and labour costs which more than off-set the costs of transferring the finished goods back into Country P for sale. The decision to relocate the production is classified as which of the following options?

A.

Retained production

B.

Outsourced production

C.

Near-shoring

D.

Off-shoring

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