Why Outsourcing Could Save Your Business

Re-arranged by Maryann Farrugia

▪Outsourcing is where a business contracts a portion of its business to a third party.

▪The third party is typically a specialist in a particular field and based locally or in the same country.

▪Offshore outsourcing is a form of outsourcing where a company outsources a portion of its work to be done overseas.

▪The global market size of outsourced services was worth 82.9 billion dollars in revenue in 2013.

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