What is outsourcing?
Outsourcing is the process of hiring people from different countries in order to benefit any organisation and to ultimately increase the profits of that company annually. Many-a-times it so happens that a particular employee in any company may not be efficient in any specific job but a person of another nationality has the expertise in it. As a result of that, the organization finds it preferable to employ people who are more qualified for the job in spite of them being from another country.
The main benefit of outsourcing as mentioned above is the increase in efficiency of the work done and the rise in the amount of profit earned for the company per annum as the people who have been hired prove to be highly effective in their work and hence become an asset to the company itself. Many-a-times it happens that a company needs to expand its reach in different countries. In such cases, this practice proves to be useful if the company has hired people from that particular nation.