prompt\nwhat is outsourcing?\nread more >>

Brief Explanations:

Outsourcing is a business practice where a company hires another company or an individual to perform tasks, handle operations, or provide services that were previously done in - house by the company's own employees. It can be done for cost - savings, access to specialized expertise, or to focus on core business functions.

Answer:

Outsourcing is a business practice where a company hires an external entity to perform tasks or provide services that were previously in - house.