occurs when a function is taken out of one’s country of residence to be performed in another…

➤ Why do companies choose offshoring?
Companies offshore to reduce costs, access lower-cost labor, reach specialized skills, and increase capacity. Offshoring can improve time-to-market through round-the-clock development across time zones and provide proximity to growing markets. Firms also pursue tax or regulatory advantages. However, managers must weigh communication, quality, political, and compliance risks before deciding.