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Outsourcing
  Outsourcing (or contracting out) is often defined as the delegation of non-core operations or jobs from internal production business outside the company (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, which is usually abroad. Offshoring is similar to outsourcing when companies hire overseas subcontractors, but...

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