Solution is defined as the management and/or day-to-day execution of an entire
business function by a third party service provider.
Buying products from another entity is not outsourcing or out-tasking,
but merely a vendor relationship. Likewise, buying services from a provider is not necessarily outsourcing
or out-tasking. Outsourcing always involves a considerable degree of two-way information exchange,
co-ordination and trust.
The Concept of Solution is, a company can focus an core business strength and Let the
non core business activities to SOlution providing company where their core business strength is outsourced
these activites.
- Benefit of Solution providers
- Saves money
- Improve Quality
- Focus on core business activites
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