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Saturday, April 17, 2010

Sourcing from INDIA and CHINA

Outsourcing

From Wikipedia, the free encyclopedia

Outsourcing (wikt: outsourcing) often refers to the process of subcontracting to a third-party.[1] While outsourcing may be viewed as a component to the growing division of labor encompassing all societies, the term did not enter the English-speaking lexicon until the 1980s. Since the 1980s, transnational corporations have increased subcontracting across national boundaries. In the United States, outsourcing is a popular political issue, especially during election years.

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