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Can anybody explain what is off-shore

PostPosted: Sat Jun 14, 2008 2:06 am
by saripudis
can anybody explain what is off-shore.

Re: hi all

PostPosted: Sat Jun 14, 2008 3:29 am
by MrSpock
Outsourcing.

Re: hi all

PostPosted: Sat Jun 14, 2008 5:17 am
by dick scherrer
Hello saripudis and welcome to the forums,

"Offshore" is an extension of outsourcing - subcontracting a function (i.e. informaton technology, human resources, product support) to a 3rd party.

When the term offshore is used, it usually means the "3rd party" is in some other country - "off shore".