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What are examples of outsourcing?

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Government outsourcing has become a big topic. Recurring budget crises at every level of government make outsourcing a frequently-debated solution. These seven examples will help you to understand why outsourcing is proposed, which services are likely to be outsourced, and some of the mistakes that have been made. read more

Outsourcing is commonly divided into offshore, nearshore or onshore outsourcing. The change of these terms depends on the company’s geographical position in the world. For instance, if a company is situated in Eastern Europe, it’s nearshore for Western Europe, and offshore for the United States of America/Australia. read more

Outsourcing is the process of contracting a portion of a company's activities to third-party providers. How it works (Example): Outsourcing involves subcontracting parts of a company's value-chain, (i.e. steps in the design, supply, production, marketing, sales, and services processes) to other companies or contractors that specialize in those activities. read more

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Further Research

Outsourcing – Investopedia
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What is Outsourcing?
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