What is another word for offshore outsourcing?

Pronunciation: [ˈɒfʃɔːɹ a͡ʊtsˈɔːsɪŋ] (IPA)

Offshore outsourcing, also known as offshore delivery, refers to the practice of delegating certain business functions or operations to an external company located in a different country. This trend has led to the emergence of several synonyms that convey similar meanings. Examples include global outsourcing, offshore development, nearshore outsourcing, and offshoring. These terms are commonly used interchangeably to describe the same practice of moving part of a business process overseas to gain access to specialized expertise, cost-effective labor, and other benefits. Irrespective of the terminology used, offshore outsourcing has become an integral aspect of many organizations' strategies for achieving greater efficiency, innovation, and competitiveness.

What are the hypernyms for Offshore outsourcing?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

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