Offshoring refers to the practice of contracting with third-party companies outside the organization.

Name: Offshoring refers to the practice of contracting with third-party companies outside the organization.
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Quizplus · Accepted Answer

Offshoring refers to the practice of relocating business processes or services to another country, not necessarily contracting with third-party companies. It can involve setting up a subsidiary or branch of the same company in another country.

Offshoring Refers to the Practice of Contracting with Third-Party Companies