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6 terms

Business Driven Technology Ch.19

Outsourcing in the 21st Century
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Insourcing
A common approach using the professional expertise within an organization to develop and maintain the organization's information technology systems.
Outsourcing
An arrangement by which one organization provides a service or services for another organization that choose not to perform them in-house.
Onshore outsourcing
Engaging another company within the same country for services.
Nearshore outsourcing
Contracting an outsourcing arrangement with a company in a nearby country.
Offshore outsourcing
Companies in countries geographically far away.
Business process outsourcing
Contracting of a specific business task, such as payroll, to a third-party service provider.