The contracting of noncore operations or jobs from internal production within a business to an external entity that specializes in that operation is known as

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Outsourcing is the practice of contracting noncore operations or jobs from internal production within a business to an external entity that specializes in that operation. Licensing involves granting permission to another party to use a company's intellectual property. Franchising involves using a company's brand and business model to allow another party to operate a business under the company's name. Contract manufacturing involves outsourcing the manufacturing of a product to an external supplier. Contract sourcing is not a commonly recognized term in business.

The Contracting of Noncore Operations or Jobs from Internal Production