Question

what is outsourcing???

Answer 1

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OUTSOURCING:
Outsourcing is a business practice in which a company hires another company or an individual to perform tasks, handle operations or provide services that are either usually executed or had previously been done by the company's own employees. ... They frequently outsource customer service and call service functions.

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Answer 2

QUESTION:-

what is outsourcing?

ANSWER

• Outsourcing is approval in which one company employs another company to be accountable for a prearranged or prevailing activity that is or could be performed internally, and sometimes it includes substituting hireling and assets from one company to another.

• Outsourcing comprises Foreign as well as Domestic Agreements and sometimes constitutes Offshoring which is the relocating of a company process to a foreign country or Nearshoring which is the transferring of a company process to a nearby country.

• Business Process Outsourcing (BPO) is a part of outsourcing that pertains to the agreement of the procedures and obligations of a particular company process to a third-party employment provider.

• Companies use outsourcing to reduce the cost of labour, entailing their personal salaries, expenditure, appliance, and technology.

• Outsourced firms operate highly oriented accountants and finance experts.

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