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For example, some U.S. companies shifted production to factories in Mexico. Off shoring of physical products then moved to other low-cost locations such as China, India, the Philippines, and Eastern Europe.
In addition offshore outsourcing is the practice of hiring an external organization to perform some business functions in a country except the one where the products or services are actually developed or manufactured. There are four basic types of offshore outsourcing, which include ITO, BPO, Software R&D and KPO. ITO has to do with information technology outsourcing, BPO means business process outsourcing and Software R&D has to do with software research and development...
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