What is outsourcing
                     WHAT IS OUTSOURCING?
Shared By: Offshore Business Processing BPO 
Business Setup
• Outsourcing is a business practice in which services or job 
functions are provided by a third party.
Cost
• Lower costs (due to economies of scale or lower labour rates)
Operations
• Operational decisions are delegated.
• High operational flexibility but low operational control. 
Talent Acquisition
• Talent is acquired by the third-party provider within their country. 
• The talent acquired is retained within their company, which gives 
them the power to hire or fire employees.
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