What does it mean?

Outsourcing refers to the process of contracting out a business function or process to a third-party organization. This can include activities such as customer service, IT support, or accounting.

What are the advantages of outsourcing for a business?

Outsourcing can provide access to specialized skills and expertise that may not be available within the existing workforce. It can also free up time and resources for the organization to focus on its core business activities.

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