Answer:
The correct word for the blank space is: Outsourcing.
Explanation:
Outsourcing is a strategy businesses follow by which they take their operations to different countries to contract a company there that acts on the company's behalf just like in its origin country but at lower costs. Avoiding strict regulations is another motive for companies to outsource their operations.
Outsourcing usually carries the disadvantage of poor quality controls which can be detrimental to a firm.
