Outsourcing Definition Entrepreneur Small Business Encyclopedia.Instead of hiring an in-house bookkeeper, for example, you might outsource the job to an independent accountant who comes in once a month or does all the work off-site. Independent contractors can be more flexible and lower in cost than outsourcing firms. |
outsource Wiktionary.outsource third-person singular simple present outsources, present participle outsourcing, simple past and past participle outsourced. chiefly US, business, management To transfer the management and/or day-to-day execution of a business function to a third-party service provider. They decided to outsource the design and manufacture of the system to a vendor. |
OUTSOURCE meaning in the Cambridge English Dictionary.The decision to outsource had been made for financial reasons. outsource sth to sth Today they unveiled plans to close two factories and outsource production to Eastern Europe. outsource jobs/work The bank was attacked over plans to outsource 4000, jobs to Asia. |
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Outsourcing Wikipedia.Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity that is or could be done internally, 1 2 and sometimes involves transferring employees and assets from one firm to another. |
