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𝐖𝐡𝐚𝐭 𝐢𝐬 𝐎𝐟𝐟𝐬𝐡𝐨𝐫𝐞 𝐎𝐮𝐭𝐬𝐨𝐮𝐫𝐜𝐢𝐧𝐠?
Offshore Outsourcing is understood as “outsourcing”. This means that a company outsources 1 company, another organization abroad to work for them. This will bring economic benefits, cut costs, save money but still ensure profits and business performance. As technology advances, companies can hire people and direct production remotely, so Offshore Outsourcing becomes easier and easier.
3. 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐎𝐮𝐭𝐬𝐨𝐮𝐫𝐜𝐢𝐧𝐠?
Outsourcing is chosen by many organizations because of its efficiency in saving time. The lessee does not need to pay attention to the operation of the project or the organization and management of personnel. They only care about the final product. Outsourcing is chosen when businesses want to cut business costs by enjoying incentives from other countries such as cheap human resources or not having to pay high taxes. Characteristics of Outsourcing: Outsourcing is characterized by the division of the business’s work to a third party. With the aim to minimize the tasks that do not belong to the main expertise of the company. Businesses have more time to focus on core business and product development processes, reducing costs.
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