Question

relation between outsourcing and exports

relation between outsourcing and exports

Homework Answers

Answer #1

Outsourcing means a business activity where a company hires other company members to be accountable for a planned activity that could be performed internally or externally. Export, on the other hand, means to sell your goods or services in another part of the world, these products which are sold could be prepared in the same country or sources form the same country.

The relationships are quite clear -

  • Both of them are a kind of business activity
  • Both activities aim to develop business practices and presence
  • Highly beneficial
  • One can outsource resources in both the cases to fulfill the demand or meet business deadlines
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