___________________ refers to a long-term contracting out generally the non-core activities and of late even some of the core activities of a captive or third-party specialist with a view of benefitting from their experience, expertise, efficiency and even investment.
Outsourcing
Outsourcing refers to a long-term contracting out generally the non-core activities and of late even some of the core activities of a captive or third-party specialist with a view of benefitting from their experience, expertise, efficiency and even investment.