Outsourcing affects hundreds of thousands of employees around the world every year and generates over $100 billion in outsourcing contracts in the United States alone. In simple terms, outsourcing is the contracting out of non-core organizational activity to an outside vendor. Outsourcing occurs both domestically and globally. Offshoring is the term used to describe the
Outsourcing refers to the fundamental decision to contract out specific activities that previously were undertaken internally. In other words, outsourcing involves the decision to reject the internalization of an activity and can be viewed as vertical disintegration. As it means to obtain by contract from an outside supplier, it is also called contracting out or
Outsourcing is typically the domain of trade economists, whereas nonstandard work arrangements are the province of labor economists. Temporary work is one aspect of nonstandard work arrangements just as are part-time work, contract work, and other work forms. Although there are many polemics on the positive and negative results of outsourcing and nonstandard work on