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Preferred term

outsourcing  

Definition

  • Outsourcing refers to subcontracting a production process, or the provision of a service, to a third-party company. As a result of outsourcing, firms transfer entire business functions to external service providers. [Source: Encyclopedia of Geography; Outsourcing]

Entry terms

  • offshoring

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URI

https://concepts.sagepub.com/social-science/concept/outsourcing

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