Outsourcing describes when firms decide to buy products or services from external vendors, as opposed to making them in house.
Offshoring is defined by firm activities being geographically relocated from the firm’s domestic country to a lower-cost foreign country.
Supply chain - the sequence of processes involved in the production and distribution of a commodity.
OUTSOURCING to bangalore, india
TASK: Describe the types of activities and services being performed in Bangalore.