Question

What is outsourcing?

Answer 1

When multinational companies get their related regular services from a foreign or external source or organization or group instead of their own company, then this situation is called outsourcing. With the widespread of information technology such aetivities have become very important and specialized economic activities. Telecom, Transport, health, self-employment and other non-government services are covered. The greater the expansion of the service sector, the greater will be the employment opportunities.