Outsourcing
Word | OUTSOURCING |
Character | 11 |
Hyphenation | N/A |
Pronunciations | /ˈaʊtˌsɔː(ɹ).sɪŋ/ |
Definitions and meanings of "Outsourcing"
What do we mean by outsourcing?
To transfer the management and/or day-to-day execution of a business function to a third-party service provider.
When a company hires another company to do some aspect of its work for it. Examples of this include (but are not limited to): * Stores using another companies cleaning services for cleaning its floors etc (rather then having employees of their own hired as full time cleaners). * An ISP using a third party for its e-mail services rather then using servers of their own. * A company in need of call centre services using a third person company rather then building a call centre of its own. Companies often outsource to save money. However, it's also possible they want to concentrate on their main service and allow another company to worry about secondary ones (ie, companies whose main service are those secondary ones). Outsourcing unfortunatly costs jobs domestically when companies outsource overseas. This is why people dislike it so much. Urban Dictionary
An easy method for corporations to maximize their profits and avoid the unions at the same time. Basically, it involves moving one's business to another part of the world where people will willingly under slavelike conditions and for 1/10 the pay of a Poverty-Class American worker. See outsource and globalization for more definitions. Urban Dictionary
Cheating on your partner, typically when your current partner doesn't give you what you need. Urban Dictionary
The natural result of governments and unions making it too expensive for a company to employ workers in it's country of origin. Urban Dictionary
Fancy word for cheap labour. Urban Dictionary
Corporate use of slave labor in third world countries ruled by dictators, for the express purpose of avoiding American taxes. Urban Dictionary
Verb: to make profit by screwing your employees, your customers, and your country while at the same time lowering the quality of the work performed. Highly touted and promoted in articles by authors with Indian surnames. Urban Dictionary
The word "President" Bush uses to describe you getting your ass canned at work so that your job can go overseas. Urban Dictionary
The process of hiring a call center to perform customer service and/or technical support, or other support tasks, obstensibly because it is cheaper than having an in-house support team. Companies also outsource to preserve their reputation, as they can use the hand of god to fire any call center employee who isn't performing in line with their vision without anyone knowing; can hire and fire employees en mass with no regrets. Urban Dictionary
To send Jobs to another country, making our county vulnerable to Socialistic influences. Urban Dictionary
Synonyms and Antonyms for Outsourcing
- Synonyms for outsourcing
- Outsourcing synonyms not found!!!
- Antonyms for outsourcing
- Insourcing Antonyms
- Outsourcing antonyms not found!
The word "outsourcing" in example sentences
Cross Reference for Outsourcing
What does outsourcing mean?
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