What method involves relocating business processes or production to an international location?

The method that involves relocating business processes or production to an international location is known as offshoring. Offshoring typically refers to the practice where a company moves part of its operations to another country, often to benefit from lower labor costs, tax incentives, or to take advantage of specialized skills that are more readily available in a particular market.

This practice allows companies to enhance efficiency and reduce costs associated with their operations. By tapping into the resources and labor market of another country, businesses can also focus on their core competencies while relying on overseas partners or facilities to manage other aspects of their operations.

Outsourcing, while often confused with offshoring, typically refers to delegating tasks or services to an external company, which could be domestic or international. Onshoring, on the other hand, involves relocating processes back to the company's home country. Relocating is a more general term and does not specify the international aspect that offshoring clearly identifies. Thus, offshoring is the most accurate term for the described action.