dflynn Wrote:
Jul 31, 2012 2:38 PM
Actually outsourcing is a correct term, although these days a very general term. Outsourcing is just agreeing contractually with another company to perform work as a service. There are no standards of having to provide current employees a position, albeit lower pay. "Offshoring" is just outsourcing to another country often called just "outsourcing", "offshoring" or "offshore outsourcing", all however the same principal and done most commonly for cost reduction .