Exchange Currency

offshoring

Shifting a business function from one country to another. For a business, this can entail moving product manufacturing, service centers or operations to a different country. Offshoring is often used to reduce the cost of business, with the company seeking to move parts of operations to countries with more favorable economic conditions.

Related information about offshoring:
  1. Offshoring - Wikipedia, the free encyclopedia
    Offshoring describes the relocation by a company of a business process from one country to another—typically an operational process, such as manufacturing, ...
     
  2. Offshoring - What is Offshoring?
    Offshoring is a type of outsourcing. Offshoring simply means having the outsourced business functions done in another country. Frequently, work is offshored in ...
     
  3. Offshoring creates as many U.S. jobs as it kills, study says
    Jul 12, 2012 ... “Offshoring” has become a major bogeyman in the 2012 presidential campaign. But is it actually harmful for American workers in the long run?
     
  4. Outsourcing and Offshoring: Is There Really a Difference? - ABC News
    Jun 25, 2012 ... If you're going to attack Mitt Romney, make sure to define your terms correctly. Romney came under attack after a Washington Post story ...
     
  5. The Real Cost Of Offshoring - Businessweek
    Jun 17, 2007 ... BusinessWeek has learned of a gaping flaw in the way statistics treat offshoring, with serious economic and political implications.
     
  6. Offshoring: The Next Industrial Revolution? | Foreign Affairs
    Mankiw was commenting on the phenomenon that has been clumsily dubbed " offshoring" (or "offshore outsourcing") -- the migration of jobs, but not the people ...
     
  7. Outsourcing good, offshoring bad | ZDNet
    Sep 24, 2012 ... There is much sense in outsourcing, but offshoring is a different kettle of fish.
     
  8. Offshoring myths perpetuating IT skills shortage: Westpac CIO | ZDNet
    Oct 9, 2012 ... IT jobs are not going offshore, IT activities are, according to Westpac CIO Clive Whincup.