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: to procure (something, such as some goods or services needed by a business or organization) from outside sources and especially from foreign or nonunion suppliers : to contract for work, jobs, etc., to be done by outside or foreign workers. decided to outsource some back-office operations.
Outsourcing is a business practice in which companies use external providers to carry out business processes that would otherwise be handled internally, [1] [2] or in-house. [3] Outsourcing sometimes involves transferring employees and assets from one firm to another.
Oct 21, 2022 · Outsourcing is the practice of hiring a third party to provide, manage or handle a business function that could otherwise be performed internally. For example, outsourcing includes...
Outsourcing is a business practice in which a company hires a third party to perform tasks, handle operations or provide services for the company.
Outsourcing is a business practice in which services or job functions are hired out to a third party on a contract or ongoing basis.
to get work done by making a contract with another company to do it, often in another country, rather than in your own company: The candidate talks about working-class issues, particularly about jobs being outsourced overseas. outsourcing. noun [ U ] us / ˈɑʊtˌsɔr·sɪŋ, -ˌsoʊr·sɪŋ /
Sep 14, 2021 · Outsourcing transforms businesses by changing the foundation of employment norms. The word itself can be interchanged with offshoring, distributed workforce, call centers, staff leasing and...