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Outsourcing

What's the definition?
"Outsourcing" became a popular buzzword in business and management in the 1990s. It was a welcome addition to the business vocabulary as, prior to the introduction of the term, the domestication decision involved a decision to either produce in-house or a decision to produce outside. Introduction of the terms outsourcing and out-tasking gave managers much-needed words for external production.





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Insourcing
Nearshoring
Offshoring


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