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Business Question

piggy · 2006-03-02 19:23:45

Hey this is probably a really obvious thing that i should know but whats "outsourcing' in business?

02-03-2006 8:23pm

#1

piggy

Closed Accounts Posts: 14 ✭

Join Date: August 2005

Posts: 12

Hey this is probably a really obvious thing that i should know but whats "outsourcing' in business?

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Comments

#2 02-03-2006 8:28pm

leche solara

Registered Users Posts: 2,134 ✭✭✭

Join Date: October 2004

Posts: 2021

Outsourcing is sending work normally done within the business to an outside agent. Some companies might outsource their IT function or mail room. This means they pay an agent a fee to perform the function and they can then reduce staff costs, accomodation, light, heat etc.

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#3 02-03-2006 8:35pm

piggy

Closed Accounts Posts: 14 ✭

Join Date: August 2005

Posts: 12

Ahh okay that does make sense.Thanks a million!

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