A robotics company hires a marketing firm to take care of its social media presence. This is an example of outsourcing.
What is outsourcing?
This is the term that has to do with the fact that a company would hire another person or an agency that is s third party to do some activities in the company.
The outsourcing agent may live in a different country. This is where they would work from and do their tasks. In clear terms outsourcing is the contract that may exist between a company and other parties that can supply them labor.
It involves getting another to do the work or the functions that are available in a firm for a period of time.
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