English / word
outsourcing
noun B2MEANING IN ENGLISH
the practice of obtaining goods or services from an outside or foreign supplier, especially in place of an internal source
In context
01
Many foreign tech firms use outsourcing to reduce their operational costs.
02
Many companies use outsourcing to reduce labor costs.
Synonyms
delegation,subcontracting,contracting out
Antonyms
insourcing,internalization,in-house production
Collocations
business process outsourcing,offshore outsourcing,rely on outsourcing