History of Outsourcing

Q.

Explain the role of small business in India.

Q. started in the 1700s when manufacturers started shifting the manufacture of goods to countries with cheaper labour.

1. Traditional business
2. Outsourcing
3. E-busines
4. E-commerce

Q.

When manufacturers started shifting the manufacture of goods to countries with cheaper labor during the ____________.

1. Industrial Revolution.

2. White Revolution

3. Agriculture Revolution

4. None of the above

Q.

Since the onset of globalization in the early 1990s, government started easing restrictions and liberalizing the economy, which has helped the country see _______________________.

1. slow economic growth

2. moderate economic growth

3. rapid economic growth

4. none of the above

Q. is a preferred destination for manufacturing products on a large scale as the workforce cost is less.

1. South Korea
2. Melbourne
3. India
4. USA

Q. State with reasons whether the following statements are True or False.

Globalization is the expansion and extension of economic activities across political boundaries of a country.

Q. Write short notes of the following.

Role of small business in employment generation.

Q. Write short answers of the following.

What is Globalization?