What is offshoring?

What is offshoring?
Ankita May-04-2023 06:00:34
Viewed 168 times

1 Answer

Offshoring is a business practice in which companies move their operations to a different country to take advantage of cost savings and access to specialized talent and resources not available at home. It typically involves either outsourcing non-core business processes to a third-party company in the target country or setting up a foreign office or subsidiary. Offshoring has become increasingly popular in recent years as businesses look for ways to cut costs while still achieving high levels of quality and customer service.
7 Ques 1 Ans
answered 22 Aug 2023

Your Answer


Login or Create Account to answer this question.

Do you have any opinion about What is offshoring??

Login / Signup

Answers Adda Q&A communities are different.
Here's how

Knowledge sharing.

Question and answer communities are a great way to share knowledge. People can ask questions about any topic they're curious about, and other members of the community can provide answers based on their knowledge and expertise.

Engagement and connection

These communities offer a way to engage with like-minded individuals who share similar interests. Members can connect with each other through shared experiences, knowledge, and advice, building relationships that extend beyond just answering questions..

Community building.

Answers Adda Question & Answer communities provide a platform for individuals to connect with like-minded people who share similar interests. This can help to build a sense of community and foster relationships among members.