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This article discusses Global Outsourcing—the transfer of an organization's internal functions to a foreign country. Outsourcing is often undertaken to procure skilled labor at a lower rate than it is available in developed economies. The transfer of manufacturing functions from developed nations like the United States to developing nations began in the 1950s. Technological advances have accelerated the ability of firms to procure and source products across the globe. Commonly outsourced... więcej
Salem Press Encyclopedia, 2023. 3p.
