Definition: Outsourcing

Category: Business registers

Delegating (part of) activities to an outside contractor. Production can be externalized to a third-party service provider in home country, or to a third-party provider abroad; either to an independent company or to an affiliate of another multinational enterprise group. http://ec.europa.eu/eurostat/ramon/statmanuals/files/KS-32-10-216-EN-C-EN.pdf