What term is used to identify a form of outsourcing in which services are provided by an organization whose employees are in a foreign country?.

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22-11-2022
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What term is used to identify a form of outsourcing in which services are provided by an organization whose employees are in a foreign country?.

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shrivastavarupam shrivastavarupam · Answer 1 · 2022-12-01T05:18:04+01:00

Offshoring is the term used to identify a form of outsourcing in which services are provided by an organization whose employees are in a foreign country.

What is the meaning of Off-Shoring?

Offshoring is the procedure by which a commercial operation, including manufacturing, or a supporting operation, such as accountancy, from one nation to another. Offshoring is typically associated with a corporation, though individual states may also use it.

Offshoring is the process of moving operations or ownership of an entire operation to a nation other than the one (or nations) in which the company requesting the services is based.

Offshoring is the process of outsourcing operations abroad, typically by businesses from rich nations to less developed nations, to lower operating costs.

Learn more about Off-Shoring here:

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