Outsourcing (or contracting out) is often defined as the delegation of non-core operations or jobs from internal production within a business to an external entity (such as a subcontractor) that specializes in that operation. Outsourcing is a business decision that is often made to lower costs or focus on competencies. A related term, offshoring, means transferring work to another country, typically overseas. Offshoring is similar to outsourcing when companies hire overseas subcontractors, but differs when companies transfer work to the same company in another country. "Outsourcing" became a popular buzzword in business and management in the mid-1990s.So just how much does outsourcing affects the workforce, the business and the country's prosperity? I am not quite a big fan of oursourcing myself. But it does wonders. As much as I hate it, i love it. It solves all problems which we may thought that its a dead end. It does saves money. It saves time, implementation costings, operational costings and manpower costings.. bla bla bla .... so why is it still being hated!?
i personally think that it limits one's skill technically.. or maybe even academically. the integrity of a company that outsources also might be affected. this also means that some will loose their job.
well whatever it is, its still a pain in the ass if its threatening you.. and its a gift from heaven if it serves your nature right. tell me about it. heh!
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