Outsourcing: In this process an organization hires another organization to perform some tasks. This process helps the organization to reduce costs, and gain expertise. Outsourcing vendor: The organization which has been hired to accomplish some tasks of some other organization is called as an outsourcing vendor. Outsourcing vendors hire the existing employees of the organization and make the staff to work according to their strategy.

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Chapter 11, Problem 11.18MML

Program Plan Intro

Outsourcing: In this process an organization hires another organization to perform some tasks. This process helps the organization to reduce costs, and gain expertise.

Outsourcing vendor:

The organization which has been hired to accomplish some tasks of some other organization is called as an outsourcing vendor.

Outsourcing vendors hire the existing employees of the organization and make the staff to work according to their strategy.

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