said by Hall: said by patcat88:
Japan was "the" place for outsourcing.
"Outsourcing" generally means a company moves parts of their operations to another country. US-based companies really didn't move to Japan, at least not for manufacturing of their products.
I don't think I agree with that definition.
Outsourcing for all four Fortune 500 companies where I worked meant that the manufacture/service/etc. was sent to a non-corporate owned entity. For example, the IT function being outsourced to EDS, cafeteria services being outsourced to Sodexo, etc.
Offshoring meant when a company moved parts of its operations to another country, but still retained control and/or ownership of that operation.--
I spent the last two years of high school in a daze. I . . . tried drugs enthusiastically. --Barack "Choomer-in-Chief" Obama. I'm so proud of our prez.