For decades past, outsourcing has been going on. Then, along the line, offshoring came into the scene. This is a level of outsourcing where overseas workers are hired to perform virtually all business functions. Offshore outsourcing services are widely sought-after by organizations of different sizes. Cost reduction was the driving force behind offshoring at the onset. Today, other benefits such as quality service, access to best talents, tax incentives, risk sharing and overall organizational growth are increasingly attracting companies to offshoring.For several years, organizations spread their business tentacles, buying over other companies and expanding their conglomerates. At the onset, the businesses of these companies were related. The acquisitive tendency was massively driven by profit motive and desire to be the leading organization. But, it wasn’t long, the weight of the ...
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