Whois & Analysis for suntecdata.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.

Cycle of research and development.

Spending on research and development as share of GDP (2015).

Research and development (R&D or R+D), known in Europe as research and technological development (RTD), is the set of innovative activities undertaken by corporations or governments in developing new services or products, and improving existing ones.

Research and development constitutes the first stage of development of a potential new service or the production process.

Management (or managing) is the administration of organizations, whether they are a business, a nonprofit organization, or a government body.

It is the art and science of managing resources of the business.

A.

hotel porter is an example of a service-related occupation.

A service is an act or use for which a consumer, firm, or government is willing to pay.

Examples include work done by barbers, doctors, lawyers, mechanics, banks, insurance companies, and so on.

Public services are those that society (nation state, fiscal union or region) as a whole pays for.

Using resources, skill, ingenuity, and experience, service providers benefit service consumers.

Services may be defined as intangible acts or performances whereby the service provider provides value to the customer.

A modern corporate office building in Münster, North Rhine-Westphalia, Germany.

An office building of Nokia Corporation in Hervanta, Tampere, Finland.