Correct Answer: In business, outsourcing is an agreement in which one company contracts its own internal activity to different company It involves the contracting out of a business process (eg payroll processing, claims processing) and operational, and/or non-core functions (eg manufacturing, facility management, call center support) to another party (see also business process outsourcing) A company moves some of its jobs to another country and employing workers in other countries to save on labor costs best describes the practice of outsourcing
