Global outsourcing of capital also referred to as outsourcing or business process outsourcing, global outsourcing involves contracting the operations of a specific business process to a third-party provider.
Outsourcing is the business practice of hiring a party outside a company to perform services and create goods that traditionally were performed in-house by the company own employees and staff.
Outsourcing activities include: human resource management, supply chain management, accounting, customer support services, marketing, computer aided design, research design, content writing, engineering, diagnostic services and legal documentation.