Outsourcing is the practice of hiring an external company or individual to perform tasks or services that were previously handled in-house. This can include a wide range of activities, such as manufacturing, customer service, IT support, and administrative tasks. The main purpose of outsourcing is to reduce costs, increase efficiency, and access specialized skills or resources that may not be available internally. It allows businesses to focus on their core competencies while delegating non-essential tasks to external experts. However, outsourcing also comes with its own set of challenges, such as language barriers, cultural differences, and potential loss of control over certain aspects of the business. Overall, outsourcing has become a popular strategy for companies looking to streamline their operations and stay competitive in a globalized economy.