DMC Inc.,headquartered in California,USA,was looking for a cost-effective company that could perform its tax services.It has completely transferred its tax services to Apex Corp.in India because the there are many well-educated workers and lower labor costs.This process is known as _____.

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Outsourcing refers to the practice of hiring a third party, often in another country, to perform services or create goods that were traditionally performed in-house, which is what DMC Inc. did by transferring its tax services to Apex Corp. in India.

DMC Inc,Headquartered in California,USA,was Looking for a Cost-Effective Company That Could