Definition: The use of staffing, facilities, or other resources that are not owned by a firm, to perform a task or function for that firm. This function would have originally been performed by the firm with the outsourcing program. For example, if a firm had an accounting department, it could outsource the payroll functions by having another firm perform these functions. However, another firm that used another firm to perform it's payroll functions from day one, might not consider this outsourcing.
Also Known As: offshore, near shore, alternative staffing
