US History – 1865 to Present
Outsourcing refers to the practice of delegating specific business processes or functions to third-party companies or contractors, often in different countries. This strategy is commonly used by businesses to reduce costs, improve efficiency, and access specialized skills or technologies that may not be available in-house. Outsourcing has become a key feature of globalization and is closely linked to the evolving dynamics of the world economy and labor markets.
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