Question

In the context of foreign direct investment, which of the following is a benefit of offshoring?

	a.	It requires little investment.
	b.	It has the potential for high profits.
	c.	It involves no significant risk.
	d.	It represents a strong opportunity for small firms

Which of the following is a difference between the millennial generation and Generation Z?

	a.	Unlike the millennial generation, Generation Z approaches adulthood planning to work for success.
	b.	Unlike the millennial generation, Generation Z is comprised of people born between 1980 and 1995.
	c.	Unlike the millennial generation, Generation Z feels entitled to a great job after college graduation.
	d.	Unlike the millennial generation, Generation Z tends to be extremely tolerant and inclusive.

Answer 1

Answer 1. (b) It has the potential for high profits.

Offshoring is the practice or method to relocate or base the company's some of the processes or services overseas or in other countries due to having the advantage of the lower cost. Offshoring could be in technology, manufacturing. In the context of FDI, offshoring would have benefits of high profits. As offshoring will allow the organization to reduce its one of the most expensive parts that are the labor cost. The organization can save huge money on the cost of labor and significantly can improve its profit margin. Offshoring can also help in reducing certain operation costs and boost its profit.

Answer 2. (a) Unlike the millennial generation, Generation Z approaches adulthood planning to work for success.

Generation Z is people who born in between 1995 and 2010, are the people who were exposed first to the internet and social media. This generation is more confident, independent, and autonomous as compared to the millennial generation.  They don't rely on their parents and want to work for success in their adulthood. Due to internet, they are able to earn money at an early age than their parents.