what is out outsourcing?

Answer 1

Outsourcing is defined in http://www.freewebs.com/bpoindia1/

Answer 2

Outsourcing refers to having other companies, outside your own, provide essential services. This has been common practice forever, and in the past century mainly included accounting or tech support functions.

Over the past few decades, many companies have realized they can do better by outsourcing things like phone support or other administrative or customer service functions to other countries.

Under a capitalist model (which everyone seems to love in theory, and hate in practice) that makes good business sense, because they can acquire the same goods and services for a lower cost. Many people oppose this concept, and want the govt to regulate against capitalism, and limit where companies can buy their services.

Answer 3

Instead of a company doing something within its own framework with its own people, it contracts out for those services from a 3rd party provider.

Some also describe it as sending jobs overseas where functions can be done cheaper.

Either way, the goal is do as good or better and at lower cost.

Answer 4

American businesses hiring labor outside of this country

Answer 5

the job done it from other country where labor is cheap.

Answer 6

aka. sweatshops.