Whois & Analysis for adsbizs.com

Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity which otherwise is or could be carried out internally, i.e. in-house, and sometimes involves transferring employees and assets from one firm to another.

The term outsourcing, which came from the phrase outside resourcing, originated no later than 1981.

The concept, which The Economist says has "made its presence felt since the time of the Second World War", often involves the contracting of a business process (e.g., payroll processing, claims processing), operational, and/or non-core functions, such as manufacturing, facility management, call center/call center support.

Employment is a relationship between two parties regulating the provision of paid labour services.

Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work.

Employees work in return for wages, which can be paid on the basis of an hourly rate, by piecework or an annual salary, depending on the type of work an employee does, the prevailing conditions of the sector and the bargaining power between the parties.

Employees in some sectors may receive gratuities, bonus payments or stock options.

In some types of employment, employees may receive benefits in addition to payment.

Benefits may include health insurance, housing, disability insurance.

Employment is typically governed by employment laws, organisation or legal contracts.

Recruitment poster for the UK army.

Recruitment is of identifying, sourcing, screening, shortlisting, and interviewing candidates for jobs (either permanent or temporary) within an organization.

Recruitment also is the process involved in choosing people for unpaid roles.

Managers, human resource generalists and recruitment specialists may be tasked with carrying out recruitment, but in some cases public-sector employment, commercial recruitment agencies, or specialist search consultancies are used to undertake parts of the process.

Internet-based technologies which enhance all aspects of recruitment are now widespread, including the use of artificial intelligence (AI).

Globalization, or globalisation (Commonwealth English; see spelling differences), is the process of interaction and integration among people, companies, and governments worldwide.

The term globalization first appeared in the early 20th century (supplanting an earlier French term mondialization), developed its current meaning some time in the second half of the 20th century, and came into popular use in the 1990s to describe the unprecedented international connectivity of the post-Cold War world.

Its origins can be traced back to 18th and 19th centuries due to advances in transportation and communications technology.

This increase in global interactions has caused a growth in international trade and the exchange of ideas, beliefs, and culture.

Globalization is primarily an economic process of interaction and integration that is associated with social and cultural aspects.

However, disputes and international diplomacy are also large parts of the history of globalization, and of modern globalization.

Economic growth can be defined as the increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy in a financial year.

Statisticians conventionally measure such growth as the percent rate of increase in the real gross domestic product, or real GDP.