Group items tagged

In today's cut-throat economy, offshore outsourcing is one of those solutions that have emerged to remedy the need to reduce expenditures and produce more in a limited amount of time.

The need to cut costs while maintaining quality and productivity has urged many firms to explore the following options: outsourcing and offshoring. While both terms have been used interchangeably in most of today's business literatures, they technically refer to two different things.

Outsourcing may sound like a 21st century concept, but it has essentially been existing for a very long time.