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How does outsourcing represent a new mode of business?

Posted by Yash Gupta 5 years, 3 months ago

CBSE > Class 11 > Business Studies

1 answers

Sia ? 5 years, 3 months ago

Outsourcing is yet another trend that is radically reshaping the business. It refers to long-term contracting out of generally the non-core business activities and of late even some of the core business activities to captive organization or third-party specialists with a view of benefiting from their experience, expertise, efficiency and even investment for the development of there product and by this way only outsourcing is representing a new mode of business.

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