Outsourcing refers to an organization contracting work out to a third party. Outsourcing is concerning for contracting other firms to complete technical services for concern organization.
Usually organization outsources to take the advantage of specialized skills, cost efficiencies and labor flexibility.
When organization has scare resource of skilled and specialized knowledge then such organization outsource these skills.
Off shoring is concern for getting work done in different country. Off shoring is always criticized by public and media of that country due to transferring the employment and funds.
Basically off shoring always perform by such organization who looking for cheap labor in different developing country.
Benefits of off shoring are usually lower costs, better availability of skilled peoples and getting work done through global market.
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