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N. K. Gupta posted an Question
June 29, 2021 • 16:16 pm 30 points
  • UGC NET
  • Commerce

Outsourcing and offshoring meaning to the point for batter understandimg

outsourcing and offshoring meaning to the point for batter understandimg

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  • Rucha rajesh shingvekar

    Key Differences: Outsourcing is the act of transferring business activities to an external organization that has a level of specializations. Offshoring, on the other hand, refers to moving an organization's business to another country.

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  • Sapare bhavani bai best-answer

    Outsourcing is when a company negotiates a contract with a third party to perform a specific function. When outsourcing a process or operation, it is vital to find a company or person that specializes in the task at hand. However, offshoring is when a company sends in-house jobs to be performed in another country.

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