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Grade Upto college levelGeneral Knowledge

What is Outsourcing?

Profile image of ankur mehta
17 Years agoGrade Upto college level
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Profile image of Vijay Luxmi Askiitiansexpert
17 Years ago

Outsourcing referrs to a company that contracts with another company to provide services that might otherwise be performed by in-house employees.

Many large companies now outsource jobs such as call center services, e-mail services, and payroll. These jobs are handled by separate companies that specialize in each service, and are often located overseas.

Outsourcing also allows companies to focus on other business issues while having the details taken care of by outside experts. This means that a large amount of resources and attention, that might fall on the shoulders of management professionals, can be used for more important, broader issues within the company.