Question

define outsourcing ​

Answer 1

Answer:

obtain (goods or a service) by contract from an outside supplier.

"there can be no question of outsourcing components from other countries"

contract (work) out.

"you may choose to outsource this function to another company or do it yourself"

Answer 2

In business field,outsourcing implies that  business activities and conducts are contracted to or performed by an external agency and not the in-house staff or employee of a firm or company.

Explanation:

The word "outsourcing" has been derived from the word "outside resourcing" in 1981.Outsourcing activities in business are carried out through a formal agreement or contract that one particular firm or company is hiring another external agency to perform all or some of their business projects,activities or operations.Hence,the company will not assign the same to any of its in-house or inter-departmental staff or employee.Companies may commonly engage in outsourcing activities for several reasons such as ensuring cost-effectiveness of business operation,absence of suitable expertise,skills and resources to perform any business activity within the company,to incorporate innovative production techniques,expansion of brand name and so forth.