Question: What is the difference between outsourcing and offshoring? Outsourcing is when a company contracts work to a third party, and offshoring is when work is

What is the difference between outsourcing and offshoring?

Outsourcing is when a company contracts work to a third party, and offshoring is when work is performed in a different country to take advantage of lower costs.

Outsourcing is when a company pays its own employees overtime to complete additional projects, and offshoring is when work is performed in a different country to take advantage of lower costs.

Outsourcing is when work is performed in a different country to take advantage of lower costs, and offshoring is when a company contracts work to a third party.

Outsourcing is when a company contracts work to a third party, and offshoring is when a company pays its own employees to complete work as contractors in their free time.

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