Outsourcing is subcontracting a service such as product design or manufacturing, to a third-party company. The decision to outsource is often made in the interest of lowering cost or making better use of time and energy costs, redirecting or conserving energy directed at the competencies of a particular business, or to make more efficient use of land,labor, capital, (information) technology.
Even it's the outsourcing in the thoery, in practise.. the most common outsourcing sector is the service. Such like back office, Transcription, Tel. handling, ruiting office work.. etc.
Most outsourcing companies are online web sites. For example. www.ceylonoutsourcing.com is a great site for this.
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