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Offshoring শব্দের বাংলা অর্থ: সমুদ্রবর্তী
Offshoring Meaning In Bengali সমুদ্রবর্তী
Offshoring
Definition
1) Offshoring is the practice of a company relocating a business process or operation to another country, typically in order to reduce costs or take advantage of lower wages in that region.
2) Offshoring involves the transferring of jobs and tasks to a different country in order to benefit from different economic conditions, such as tax incentives or lower production costs.
3) Offshoring can also refer to the outsourcing of business functions to a foreign country in order to access specialized skills or resources that may not be readily available in the company's home country.
Examples
Offshoring Example in a sentence
1) The company decided to save costs by offshoring the manufacturing of their products to a facility in China.
2) Offshoring the customer service department to a call center in India helped improve efficiency and reduce operating expenses.
3) Many tech companies opt for offshoring their software development projects to teams in Eastern Europe.
4) The offshoring of production to Mexico has become a common strategy for many automotive manufacturers.
5) Offshoring data entry tasks to a team in the Philippines has proven to be a cost-effective solution for small businesses.
6) Companies often consider offshoring certain business processes to countries with lower labor costs.
7) The decision to offshore the production of components to Vietnam helped the company remain competitive in the market.
8) Offshoring administrative tasks to a team in Malaysia allowed the company to focus on core business activities.
9) Offshoring certain operations has allowed many companies to access a larger talent pool and specialized skills not available locally.
10) Businesses need to carefully weigh the benefits and challenges of offshoring before making a decision.
Part of Speech
Offshoring (Noun)
Synonyms
Encyclopedia
Offshoring is the practice of a company relocating a business process or operation to another country, typically in order to reduce costs or take advantage of lower wages in that region.
Offshoring involves the transferring of jobs and tasks to a different country in order to benefit from different economic conditions, such as tax incentives or lower production costs.
Offshoring can also refer to the outsourcing of business functions to a foreign country in order to access specialized skills or resources that may not be readily available in the company's home country.
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